Tell DNC Chair Wasserman Schultz: Stop protecting the Payday Industry
Florida Representative Debbie Wasserman Schultz is fighting for payday lenders in Congress, instead of protecting working families.
The Consumer Financial Protection Bureau is about to release new rules to rein in the predatory payday industry, whose sky-high interest rates are designed to trap vulnerable people in cycles of debt. But Wasserman Schultz is rallying support in Congress for a new bill that would gut these rules. Why? Maybe it has something to do with the more than $68,000 in campaign contributions she has taken from the payday industry.
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