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The White House is lining up regional media interviews in states with key Republican senators: Alaska, Tennessee ... Americans from being taken advantage of by mortgage lenders or payday lenders or debt collectors." The president said: "And the man ...
Read moreObama team pushes consumer nominee
The law gives the consumer agency authority over nonbank financial companies that previously had been barely regulated, if at all — entities such as payday lenders ... rates of interest for short-term loans and using abusive debt-collection ...
Read moreObama Fights for Confirmation of New Consumer Agency Chief
In addition to Maine and Tennessee, the White House will also target Alaska, Indiana ... The White House cited a study that said payday lenders, which offer short-term loans to help people cover monthly bills, charge interest rates that can ...
Read moreObama plans media blitz for financial watchdog
European governments are discussing ways to beef up their bailout resources in case Italy or Spain need aid—including a proposal for bilateral loans from euro-zone central ... especially payday lenders. ‘We intend to aggressively take the case for ...
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