Elizabeth Warren, intellectual mother of the CFPA, continues her media tour. On C-Span she beats the drumbeat of “transparency” as if that’s all that she wants.
Categorized | federal legislation, industry
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- Watch the CFPB’s townhall on checking account overdraft practices tonight
- Did you miss this morning’s field hearing on checking accounts?
- You watching the CFPB’s 2nd Field Hearing?
- Don’t let over-restrictive regulation kill innovation within the short-term credit market
- Do payday lenders really target minorities?
- Video recap of Director Cordray’s remarks at yesterday’s hearing
- Congresswoman Terri Sewell focuses on “bad actors” in TV interview after yesterday’s hearing
- CFSA responds to the CFPB’s hearing on payday lending
- Quote of “yesterday”
- One Alabama customer said her payday loan kept her above water
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Jon Schultz: Cordray should know better than to describe payday...
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Nick Sparagis: I agree. People are people. We all make good and...
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Ty: It depends a lot on the state too. Some states ha...
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cv: I believe that what Jean Chatsky actually said was...
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Yes, the reformers are being dishonest in claiming that they are only trying to ensure that lenders are honest. They are in fact paternalistically trying to control which loan products are available to consumers, whom they want to believe are not capable of managing their own finances.