Weaken Military Lending Act

 
 

Remember when Trump...

suspended oversight of predatory financial lenders conducted by the Consumer Financial Protection Bureau? The oversight was designed to protect military service members and their families from financial fraud, credit card gouging, and predatory loans. The New York Times reported that “under the Obama administration in 2011, the consumer agency [had] returned more than $130 million to service members, veterans and their families and handled more than 72,000 complaints per year.”

 

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