Unfortunately, this story is not atypical. CFPB's own research supports that 80 percent of the payday loan borrowers' debts were rolled over or reborrowed within 30 days.
We do not ask for your company's charity or for tax-deductible donations that meet your company's needs but fail to meet the needs of our co...
The Community Reinvestment Act is extremely critical in combating housing discrimination, and also ensuring that all Americans, every single...
The largest component of the CRA is its ability to block mergers that can harm consumers and endanger the financial system.
CFPB did an incredibly thorough job in developing a Payday Lending Rule.
I ask you as a representative of my community, as a proud American, as a scientist, and as a patient, to join me in asking Mr. O'Day what ju...
The CFPB is supposed to be research-driven.
Mr. Pahl, would you agree that payday lenders asking for vulnerable borrowers to submit comments while applying for a loan is, at best, sugg...
To justify repealing the rule backed by such evidence, I would have expected you to have done at least that much work.
You can't give me the memo of how you all decided, how you made that decision?
It is our responsibility in this chamber to make sure that we are putting people before profit.