Spencer Bachus: “I think that overburdening regulations, along with higher taxes, as well as other costs being passed along to employers…”

My Democratic colleagues have said they want to wrap this up. So let me just simply say to you that this is having the effect of shutting down these companies, whether that was intended or not.

The program also can deny legitimate merchants access to financial networks they need to survive.

Those left on the short end can often be the people who have the greatest difficulty in getting any credit at all.

In a perfect world, there will be no payday lenders.