12/09/2024
https://congress.gov...
"We have an administration, the occupant of this White House, who sets an aspirational and achievable goal to end this epidemic."
"Now, many would argue that the primary impact is to hurt consumers, but I guess you're right, that the flip side of that is to line lenders' pockets."
"So while borrowers are struggling to make ends meet, the agency tasked with their protection is busy gifting predatory lenders $8 billion a year."
"I was fortunate enough to discuss this issue before the House Financial Services Committee just last month and to express my concerns regarding the perpetual debt trap that these products leave and cr..."