Maxine Waters actually said...

"When Trump's acting Chief of Staff, Mick Mulvaney, was running the Consumer Financial Protection Bureau (CFPB), he did everything he could for predatory payday lenders."

"Even if a State, like my home State of California, has passed a law setting a usury rate cap, this rule would allow lenders to ignore the law and to import high-rate, high-risk, and otherwise illegal ..."

"This anti-consumer rule is just the latest to benefit predatory payday lenders."

"American consumers used to be able to look to their regulators to protect them from these kinds of predatory schemes. Not so under the Trump Administration, where consumer protection takes a back seat..."