To me, most startling, the CFPB found that 22 percent of consumers secure these loans with public assistance or retirement income sources.
Editor's note · Context
Senator Collins highlights the alarming statistic regarding payday loans and vulnerable consumers.
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There are synergies that occur having them all in one department. There may be a case for spinning off some programs, there may be a case for downsizing the department, but those are decisions that the new secretary should make.
Regardless of our views on the Fiscal Responsibility Act and accompanying implementation agreement, it is incumbent on all of us to follow the law as written—not as we would like it to be.
This is a critical time for Ukraine. And I managed the Ukraine supplemental last year that provided additional help to Ukraine, and I do not think we should be pausing our efforts.
It is leading to scientists leaving the United States for opportunities in other countries. It’s causing clinical trials to be halted and promising medical research to be abandoned.





