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Joint Statement: Sen. Jeff Merkley, Rev. Willie Gable Jr. Condemn Ongoing Sabotage of CFPB, Demand Pres. Trump Nominate Consumer Advocate as Director

Share this Page: FOR IMMEDIATE RELEASE February 7, 2018 CONTACT: Tyler Cherry, tcherry@skdknick.com Sen. Jeff Merkley, Rev. Willie Gable Jr. Condemn Ongoing Sabotage of CFPB, Demand Pres. Trump Nominate Consumer Advocate as Director Today, U.S. Senator Jeff Merkley (D-Ore.) and Rev. Willie Gable Jr. of Louisiana joined Yana Miles from the Center for Responsible Lending and José Alcoff from Americans for Financial Reform to highlight how Mick Mulvaney has sought to undermine the Consumer Financial Protection Bureau (CFPB) and the impact Mulvaney’s sabotage is having on local communities and American…

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AFR in the News CFPB Economic Justice Payday Lending 

AFR in the News: Payday Rules Relax on Trump’s Watch After Lobbying by Lenders (New York Times)

According to the Center for Responsive Politics, payday lenders have contributed more than $13 million to members of Congress since 2010, with the majority of that money going to Republicans who have made it a priority to roll back the financial regulations put in place by President Barack Obama after the financial crisis. That includes Mr. Mulvaney, who received nearly $63,000 for his campaigns from payday lending groups. Mr. Mulvaney said that the donations were not an issue “because I am not in elected office anymore.” The payday lending industry…

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CFPB Economic Justice Payday Lending Statements and Press Releases 

Stop the Debt Trap Statement: Mulvaney Ends CFPB Investigation into Campaign Contributor

Home » Statements and Press Releases Stop the Debt Trap Statement: Mulvaney Ends CFPB Investigation into Campaign Contributor Submitted by admin on January 24, 2018 – 10:35 am Share this Page: For the second time in a week, Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau (CFPB), has taken action to protect one of his campaign donors instead of consumers by dropping an investigation into World Acceptance Corporation, a Greenville, South Carolina-based company that operates in 15 different states. Under the direction of Mulvaney, who has received…

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