Posted by: in Payday Loan, tags: Bank Of America, Capitol Hill, Chicago Democrat, Clout, Consumer Credit Transactions, Donations, Excerpt, House Committee On Financial Services, Jp Morgan, Jp Morgan Chase, Luis Gutierrez, Payday Loan Industry, Random
Random Feed wrote an interesting post today on
Here’s a quick excerpt
Rep. Luis Gutierrez has spoken at length about the clout the payday loan industry wields on Capitol Hill. In fact, during a hearing before the House Committee on Financial Services (which he chairs), the Chicago Democrat admitted that implementing a 36 percent cap on all consumer credit transactions is ” not possible ” because of the industry’s lobbying power. He further told the AP , “While they may not be JP Morgan Chase or Bank of America, they’ve very powerful. Their influence should not be
Share and Enjoy:
Read the rest of this great post here
No Comments »
Random Feed wrote an interesting post today on
Here’s a quick excerpt
Aggregated by HispanicTips :: Hispanic & Latino News & Information
Share and Enjoy:
Read the rest of this great post here
No Comments »
Random Feed wrote an interesting post today on
Here’s a quick excerpt
Rep. Luis Gutiérrez (D-Chicago) is taking some heat for accepting campaign contributions from payday lenders. That’s because he’s playing a leading role in efforts to regulate the loans. A statement from Gutiérrez to WBEZ this week says he’ll quit taking those donations.
Read the rest of this great post here
No Comments »
Posted by: in Payday Loan, tags: Chris Dodd, Committee Chairman, Committee Vote, Dick Durbin, Excerpt, Faces, Finance Reform, Luis Gutierrez, Payday Loan, Random, Reform Act, Sen Dick Durbin, Senate Banking Committee
Random Feed wrote an interesting post today on
Here’s a quick excerpt
Efforts to rein in the payday lending industry may have stalled in Springfield last month, but the battle in Washington is just heating up. After holding a hearing in April, Rep. Luis Gutierrez will likely bring his Payday Loan Reform Act of 2009 up for a committee vote this session. And there are rumors that Sen. Dick Durbin’s more comprehensive anti-usury bill might be moved as part of a larger finance reform package being assembled by Senate Banking Committee Chairman Chris Dodd (D-Co
Read the rest of this great post here
No Comments »
Posted by: in Payday Loan, tags: Activists, Campaign Finance, Excerpt, Investment, Luis Gutierrez, Nbc, Nbc 5, Nbc Chicago, Payday Loan Industry, Quick Loan, Random, Watchdogs
Random Feed wrote an interesting post today on
Here’s a quick excerpt
The payday loan industry is making an investment in U.S. Rep. Luis Gutierrez that is raising the ire of activists and the notice of campaign finance watchdogs.
Share and Enjoy:
Read the rest of this great post here
No Comments »
Entries (RSS)