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Archive for the ‘predatory lending’ Category

20
Jan

By: Brad Tuttle, Time, January 19, 2017 Steve Mnuchin, Donald Trump’s pick for Treasury Secretary, is testifying in a Senate confirmation hearing on Thursday. The banker, Hollywood producer, and former Goldman Sachs partner is expected to be grilled on a wide range of topics. But one subject that’s bound to come up is particularly likely […]

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06
Jan

FOR IMMEDIATE RELEASE: January 6, 2017 Contact: Daniel Stevens, 202.780.5750, dstevens@campaignforaccountability.org WASHINGTON, D.C. – Today, Campaign for Accountability (CfA) called on the Department of Justice and the Office of the Comptroller of the Currency to investigate OneWest bank for using potentially illegal tactics to foreclose on as many as 80,000 California homes.  Mr. Mnuchin, whom President-elect […]

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07
Apr

By: Christopher Werth, Freakonomics, April 6, 2016 Our recent Freakonomics Radio episode “Are Payday Loans Really as Evil as People Say?” explores the arguments for and against payday lending, which offers short-term, high-interest loans, typically marketed to and used by people with low incomes. Payday loans have come under close scrutiny by consumer-advocate groups and […]

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13
Oct

Photo: Associated Press By: Justin Wingerter, Topeka Capital-Journal, 10/9/15 WASHINGTON — An ethics complaint has been filed against U.S. Rep. Kevin Yoder, alleging the Republican received a litany of campaign donations from the payday loan industry in the weeks surrounding his support of legislation that removed regulations on payday lenders. On March 16, 2011, Yoder […]

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