#allied progress

NEW YORK  | Consumer financial watchdog abandons name change plan

NEW YORK  — The Consumer Financial Protection Bureau has decided to abandon a controversial renaming plan, in one of the first big decisions by its new permanent director.

The CFPB will no longer pursue renaming itself the “Bureau of Consumer Financial Protection,” a change that had been sought by Mick Mulvaney, President Trump’s acting director of the bureau. The decision was announced in an…

Source: http://twitter.com/thinkprogress/status/983453247250878465

Right-wing Sinclair airs ad from watchdog group, then claims it's liberal propaganda https://t.co/88LzdNoFZM pic.twitter.com/LEk3hS63vh

— ThinkProgress (@thinkprogress) April 9, 2018

Tell “Debt Trap Debbie” Payday Lending Isn’t “Necessary”

TAKE ACTION ★ http://DebtTrapDebbie.com★ Rep. Debbie Wasserman Schultz says “payday lending is unfortunately … necessary.” But payday loans in Florida have an average interest rate of more than 300% and trap consumers in a crippling cycle of debt. That’s why the NAACP, Southern Poverty Law Center, Florida Legal Services, and hundreds…