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 a crucial fix to a regulation that threatened access to credit for millions of Americans who need to cover emergency expenses between paychecks,” Daniel Press, policy analyst at the Competitive Enterprise Institute, said in a statement.

Click here to read more.