Nearly every product sold in America has passed basic safety regulations well in advance of reaching store shelves. But credit products, by comparison, are regulated by a tattered patchwork of State and Federal laws that have failed to adapt to changing markets.
Warren highlights the inadequate regulation of credit products compared to other consumer products.
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You are putting America’s babies’ health at risk, America’s seniors’ health at risk, all Americans’ health at risk and you should resign.
Overdraft and non-sufficient fund (NSF) fees are ‘one of the most common exploitative mechanisms big banks use to target the poor,’
We can’t live in a world anymore where we pretend that everybody’s playing by the same set of rules.
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