The Consumer Financial Protection Bureau is proposing rescinding a rule that would make it more difficult for some loan seekers to obtain a payday loan. We learn more about how these short-term, unsecured loans can help or hurt, and how they are currently regulated. We also hear U.S. Rep. Gwen Moore’s reaction to the Mueller report.
Featured in this Show
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Congress Reacts To The Mueller Report
In his summary of Special Counsel Robert Mueller’s report, Attorney General William Barr said that the probe found no evidence of collusion between President Donald Trump’s campaign and Russia — but stopped short of concluding that Trump didn’t obstruct justice. We talk to a Congresswoman about what’s next.
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The Debate Over Regulating Payday Lending
The federal Consumer Financial Protection Bureau plans to delay Obama-era regulations on the payday lending industry. We talk with a financial expert about the impact of payday regulations and discuss who these loans help, and who they may hurt.
Episode Credits
- John Munson Host
- Laura Pavin Producer
- Jana Rose Schleis Producer
- Lee Rayburn Technical Director
- Rep. Gwen Moore Guest
- Cassie Chandler Guest
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