Subprime lending, payday loans, and a host of predatory high-interest loan products that target minority neighborhoods should be called by their true names, legally sanctioned corporate plans to steal from minorities.
Warren criticizes predatory lending practices targeting minorities.
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It's supposed to be out there regulating the market, but it doesn't appear to be doing it and frankly, doesn't appear to have the people to do it.
At a moment that calls for independent, transparent, and enforceable safeguards, the American people have been left with an entirely voluntary, industry-designed oversight process.
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