Here’s another reminder that, when it comes to the Trump administration, it’s more important to watch what the White House does rather than what it says.
The payday lending industry scored a huge win when the U.S. Consumer Financial Protection Bureau proposed to weaken Obama-administration rules governing an industry that makes its money by exploiting people in desperate financial straits.
That’s pretty much the exact opposite of what the agency was created to do. But, hey, this is Donald Trump’s Washington.