Inside Sources
The Trump Administration Just Relaxed Payday Lending Rules. Is That Good or Bad for Borrowers?
Inside Sources cited Policy Analyst Daniel Press on the CFPB and payday loans: When drafting the original payday lending rule, the CFPB believed…
The Washington Post
CFPB Wants to Weaken Rules for Payday Loans
The Washington Post cited Policy Analyst Daniel Press on payday loans and the CFPB: “The newly proposed payday loan rule is…
Blog
Financial Services ‘Regulatory Sandbox’ Is Win for Consumers
The comment period on a critical new initiative to promote innovation in financial services from the Consumer Financial Protection Bureau closed this Monday. My colleague…
Comment
CEI Comments to the Bureau of Consumer Financial Protection Proposed Policy on No-Action Letters and Product Sandbox
On behalf of the Competitive Enterprise Institute (“CEI"), we are pleased to provide the following comment letter on the Bureau of Consumer Financial Protection’s (“Bureau,”…
Fox Business
Payday Loan Regulations Rollback is Win for Business, Consumers
Chalk up another win for President Trump’s deregulatory agenda - the Consumer Financial Protection Bureau last week announced a plan to reconsider an Obama-era regulation…
News Release
CFPB Starts Rollback of Flawed Payday Loan Rule
Today the Consumer Financial Protection Bureau announced plans to roll back its controversial Obama-era rule against payday lending. CEI financial policy expert Daniel Press welcomed…