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Oppose the Obama Administration's New Rules That Eliminate Financial Options for Low Income Americans

An estimated 10-12 million customers in the United States use short-term loan products each year. These customers tend to be lower income, the type of people who often cannot afford bank accounts or other financial products offered by traditional financial institutions.

08/19/2016
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Stop President Obama's Trial Lawyer Giveaway

Last month, the Consumer Financial Protection Bureau (CFPB) announced a new proposed rule designed to line the pockets of trial lawyers. The seemingly innocuous rule would effectively outlaw certain contractual provisions related to consumer financial products. But rather than protecting consumers, this proposed rule was about helping trial lawyers, a special interest that overwhelmingly supports Democrats like President Obama. Now, you have the opportunity to comment on this rule and tell the CFPB to stay out of your financial decisions.

06/27/2016
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The American People Need Protection from the CFPB

Did you know that there is an agency in Washington, DC able to wield the full power of the federal government, but whose director cannot be removed and is not answerable to the president, whose funding is not controlled by Congress, and whose decisions are difficult to challenge in court? Did you know that this agency is almost completely exempted from the Constitution’s check and balances? Did you know that this unaccountable power is vested in a single person? And did you know that this single person’s appointment was made illegally?

06/10/2016
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CFPB Announces New Proposed Rule to Make Poor People's Lives Harder

Yesterday, the Consumer Financial Protection Bureau (CFPB) announced a proposed rule that would allow them to eliminate banking options for poor Americans. Did you miss that headline? Perhaps that’s because the Obama administration and its allies in the press described these new regulations as “cracking down on payday lenders.”

06/03/2016
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Who Needs Class Action When We've Got Regulations?

In a proposed regulation that would limit the use of arbitration agreements as a means to settle consumer disputes, the Consumer Financial Protection Bureau (CFPB) justifies its advocacy of the class action process through its own study, which, upon further examination, was no more than a data-filled, 728-page Trojan Horse.

05/27/2016
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CFPB Anti-Arbitration Rule Gives Millions to Class Action Lawyers, Leaves Consumers in the Dust

The Consumer Financial Protection Bureau (CFPB) hit a new low this month when they proposed a new rule that directly harms those that the CFPB was created to protect: the consumers. The proposed regulation would place severe restrictions on the use of arbitration in settling disputes, forcing consumer suits out of arbitration and into class action litigation. The studies and arguments the CFPB attempted to use in the proposal indicate that the CFPB is aware that it is harming consumers while padding the pockets of class action attorneys.

05/18/2016
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CFPB in Court: Exempt Us from Basic Rules of Discovery

The Consumer Financial Protection Bureau (CFPB) tried to argue it should be exempt from basic rules of discovery in federal court.

12/04/2014

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