Raskin, Waters, 100 Customers Blast CFPB Giveaways to Predatory Payday Lenders
Congressman Jamie Raskin (D-MD) joined up with Congresswoman Maxine Waters (D-CA), Chairwoman of the home Committee on Financial Services, and 100 people of Congress in giving a letter to Kathy Kraninger, Director associated with the customer Financial Protection Bureau (customer Bureau), calling on her behalf to reconsider the buyer Bureau’s last guideline to postpone the initial August 19, 2019 conformity date for the 2017 Payday, car Title, and Certain High-Cost Installment Loans Rule (Payday Rule).
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