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Tag: AmScot Financial

The payday loan family behind Debbie Wasserman Schultz’s deregulatory zeal

by Gin Armstrong
March 11, 2016

The payday loan industry has a new friend in Florida Rep. Debbie Wasserman Schultz, chair of the Democratic National Committee. Wasserman Schultz is co-sponsoring a piece of legislation – ironically titled the “Consumer Protection and Choice Act” – which would delay and eventually block new regulations sought by the Consumer Financial Protection Bureau. Why is …

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