Report: Trump’s Payday

How Payday Lenders Courted Donald Trump from Candidate to President-elect to President and How They Plan to Cash In

Download the full report (PDF)

EXECUTIVE SUMMARY

Installed as “acting director” of the Consumer Financial Protection Bureau (CFPB) in a controversial and still legally dubious move by President Donald Trump in November, Mick Mulvaney has wasted no time demonstrating the administration’s commitment to predatory payday lenders, [1] ignoring the needs of consumers targeted by industry with 400% interest loans that purposely trap borrowers in hard to escape cycles of debt.

Prior to joining the administration and becoming one of President Trump’s most loyal enforcers, Mulvaney accepted more than $62,000 in campaign contributions from payday lenders [2] – lots of it coming within days of him taking official action to benefit industry.[3] Mulvaney even appeared on the website of a major payday lender[4] in defense of the industry – the same lender’s PAC and employees gave him more than $12,000.[5]

From his time in the South Carolina state legislature to the U.S. Congress, Mulvaney has been a reliable vote and advocate for predatory payday lenders. He arrived at the CFPB already prejudiced against the bureau’s important new rule protecting consumers from the industry’s worst abuses. At the CFPB, Mulvaney has dropped investigations of a predatory lender that gave him thousands in campaign cash, [6] pulled out of court cases seeking to hold lenders accountable, [7] and perhaps most troubling, delayed implementation of the bureau’s important payday lending rule [8] – a move experts view as the first step toward gutting the rule’s consumer protections altogether.

The President’s selection of a payday industry puppet to lead the CFPB as “acting director” was no accident.

As payday lenders gather for their annual conference, this year being held at Trump National Doral golf resort in Florida, [9] this report documents the years-long industry effort to court Trump and garner his support in their effort to rebuff new regulations that would tip the scales in favor of consumers and hold lenders to a higher standard of accountability.

Bankrolling Candidate Trump

Despite repeatedly claiming that he was funding his own campaign because he couldn’t be bought by special interests like other politicians, candidate Donald Trump found a reliable source of campaign funds in payday lenders. During the 2016 election, the industry contributed at least $621,150 to Trump’s presidential campaign and related super PACs.

Industry Contributions to the Trump’s 2016 Presidential Campaign 

Michael Hodges, chairman of Harpeth Financial, contributed at least $152,700 to Trump’s presidential committees.

  • In 2016, Hodges, chairman of Harpeth Financial, contributed at least $150,000 to the Trump Victory committee, a joint fundraising committee. [FEC Search for Trump Victory, 2016, accessed 04/12/18]
  • In 2016, Hodges, chairman of Harpeth Financial, contributed at least $2,700 to Donald J. Trump for President committee. [FEC Search for Donald J. Trump for President, 2016, accessed 04/12/18]

Roderick Aycox, CEO of Select Management Resources, contributed at least $352,700 to Trump’s presidential committees.

  • In 2016, Aycox, CEO of Select Management Resources, contributed at least $350,000 to Trump Victory Committee, a joint fundraising committee. [FEC Search for Trump Victory, 2016, accessed 04/12/18]
  • In 2016, Aycox, CEO of Select Management Resources, contributed at least $2,700 to Donald J. Trump for President committee. [FEC Search for Donald J. Trump for President, 2016, accessed 04/12/18]

Executives of Jones Management Group contributed at least $86,700 to Trump’s presidential committees.

  • In 2016, Allan Jones, CEO of Jones Management Group, contributed at least $5,400 to Donald J. Trump for President committee. [FEC Search for Donald J. Trump for President, 2016, accessed 04/12/18]
  • In 2016, Allan Jones, CEO of Jones Management Group, contributed at least $80,400 to Trump victory committee, a joint fundraising committee. [FEC Search for Trump Victory, 2016, accessed 04/12/18]
  • In 2016, William Jones, VP of Jones Management Group, contributed at least $400 to Donald J. Trump for President committee. [FEC Search for Donald J. Trump for President, 2016, accessed 04/12/18]
  • In 2016, William Jones, VP of Jones Management Group, contributed at least $500 to Trump Make America Great Again Committee, a joint fundraising committee. [FEC Search for Trump Make America Great Again Committee, 2016, accessed 04/12/18]

Ian MacKechnie, an executive for Amscot Financial, contributed at least $2,700 to Donald J. Trump for President committee.

  • In 2016, MacKechnie, an executive for Amscot Financial, contributed at least $2,700 to Donald J. Trump for President committee. [FEC Search for Donald J. Trump for President, 2016, accessed 04/12/18]

Robert Zeitler, CEO of PH Financial Services, contributed at least $900 to Trump Make America Great Again Committee. 

  • In 2016, Zeitler, CEO of PH Financial Services, contributed at least $900 to Trump Make America Great Again Committee, a joint fundraising committee. [FEC Search for Trump Make America Great Again Committee, 2016, accessed 04/12/18]

Eves Greyson, an accountant for Community Choice Financial, contributed at least $450 to Trump presidential committees.

  • In 2016, Greyson, an accountant for Community Choice Financial, contributed at least $200 to Donald J. Trump for President committee. [FEC Search for Donald J. Trump for President, 2016, accessed 04/12/18]
  • In 2016, Greyson, an accountant for Community Choice Financial, contributed at least $250 to Trump Make America Great Again Committee, a joint fundraising committee. [FEC Search for Trump Make America Great Again Committee, 2016, accessed 04/12/18]

Payday Contributions to Pro-Trump Super PACs in 2016

NCP Finance Ohio contributed at least $25,000 to Great America PAC, a pro-Trump PAC.

  • In 2016, NCP Finance Ohio contributed at least $25,000 to Great America PAC, a pro-Trump PAC. [FEC Search for Great America PAC, 2016, accessed 04/12/18]

Celebrating President-Elect Trump

In the election of Donald Trump, payday lenders had reason to celebrate. After spending more than $620,000 to help get him elected, the industry opened its collective wallet once again. This time in honor of President-elect Trump at his inauguration which carried a celebratory price tag of at least $1,275,000.

Payday Contributions to the Trump’s Inauguration

Roderick Aycox of Select Management Resources contributed at least $1,000,000 to Trump’s 2017 Inauguration.

  • Aycox of Select Management Resources contributed at least $1,000,000 to Trump’s 2017 Inauguration. [Open Secrets Search for Trump Inauguration, Center for Responsive Politics, accessed 04/12/18

Advance America Cash Advance Centers contributed at least $250,000 to Trump’s 2017 Inauguration.  

  • Advance America Cash Advance Centers contributed at least $250,000 to Trump’s 2017 Inauguration. [Open Secrets Search for Trump Inauguration, Center for Responsive Politics, accessed 04/12/18]

Checks Into Cash contributed at least $25,000 to Trump’s 2017 Inauguration.

  • Checks Into Cash contributed at least $25,000 to Trump’s 2017 Inauguration. [Open Secrets Search for Trump Inauguration, Center for Responsive Politics, accessed 04/12/18]

Influencing President Trump

After Trump was sworn into office, payday lenders worked overtime to influence their new friend. The industry spent at least $375,000 on lobbying efforts in 2017 alone, which included pushing the Executive Branch on such issues as Dodd-Frank reform, the CFPB’s payday lending rule, and ‘Operation Choke Point,” a Department of Justice effort opposed by payday lenders that targeted unscrupulous lending practices. The wallets of payday lenders have remained open too with more than $40,400 already being contributed to Trump’s reelection campaign committees and at least $75,000 finding its way to his Republican National Committee (RNC).

At least one Trump confidant is also swimming in payday cash. His former campaign manager and on again, off again advisor Corey Lewandowski and his related lobbying firms have taken in at least $250,000 perusing the interests of payday lenders. And, in what may be the most brazen attempt to influence the President, a shady trade group that “represents the payday loan industry,” is holding its annual convention at “Donald Trump’s 90-hole golf resort 12 miles west of downtown Miami.” All of that and we are only 16 months into his White House tenure.

Payday Industry Lobbying Trump’s Executive Branch 

The Community Financial Services Association of America (CFSA) has lobbied the Department of Treasury in the first three quarters of 2017. Each time, it lobbied the department on “monitoring implementation of Dodd Frank Regulatory Reform, Operation Choke Point [and] Consumer Financial Protection Bureau rulemaking on payday lending.” The firm earned at least $75,000 in income related to this lobbying activity, as well as Congressional lobbying on behalf of this client, during this time period.

  • Joi Sheffield lobbied the Department of Treasury on behalf of the CFSA in the first quarter of 2017. She lobbied the department on “[m]onitoring implementation of Dodd Frank Regulatory Reform, Operation Choke Point [and] Consumer Financial Protection Bureau rulemaking on payday lending.” The firm reported $60,000 in income related to this lobbying activity, as well as Congressional lobbying on behalf of this client, during this period. [“LOBBYING REPORT,” United States Senate, 04/19/17]
  • Sheffield lobbied the Department of Treasury on behalf of the CFSA in the second quarter of 2017. She lobbied the department on “[m]onitoring implementation of Dodd Frank Regulatory Reform, Operation Choke Point [and] Consumer Financial Protection Bureau rulemaking on payday lending.” The firm reported less than $5,000 in income related to this lobbying activity, as well as Congressional lobbying on behalf of this client,  during this period. [“LOBBYING REPORT,” United States Senate, 07/20/17]
  • Sheffield lobbied the Department of Treasury on behalf of the CFSA in the third quarter of 2017. She lobbied the department on “[m]onitoring implementation of Dodd Frank Regulatory Reform, Operation Choke Point [and] Consumer Financial Protection Bureau rulemaking on payday lending.” The firm reported $15,000 in income related to this lobbying activity, as well as Congressional lobbying on behalf of this client, during this period. [“LOBBYING REPORT,” United States Senate, 10/18/17]

The Financial Service Centers of America (FSCA) lobbied the White House and the Department of Justice twice in 2017. It lobbied on the “CFPB small-dollar loan role” and “Operation Choke Point.” Its lobbyist David Stewart worked for Jeff Sessions while he was a Senator. The firm earned at least $80,000 in income related to this lobbying activity, as well as Congressional lobbying on behalf of this client, during this time period.

  • Stewart lobbied the White House and the Department of Justice on behalf of the FSCA in the third quarter of 2017. He lobbied both entities on the “CFPB small-dollar loan role” and “Operation Choke Point.” Stewart indicated on the lobbying report that he was a “Legislative Correspondent” for Jeff Sessions while he was in the Senate. The firm reported $30,000 in income related to this lobbying activity, as well as Congressional lobbying on behalf of this client, during this period. [“LOBBYING REPORT,” United States Senate, 10/20/17]
  • Stewart lobbied the White House and the Department of Justice on behalf of the FSCA in the second quarter of 2017. He lobbied both entities on the “CFPB small-dollar loan role” and “Operation Choke Point.” Stewart indicated on the lobbying report that he was a “Legislative Correspondent” for Jeff Sessions while he was in the Senate. The firm reported $50,000 in income related to this lobbying activity, as well as Congressional lobbying on behalf of this client, during this time period. [“LOBBYING REPORT,” United States Senate, 07/20/17]

The Online Lenders Alliance has lobbied the Executive Office of the President twice in 2017. It lobbied on “small dollar lending, Dodd-Frank Act,” and “‘Operation Chokepoint.'” Its lobbyist Larry Lavender is the “former Chief of Staff of House Financial Services Committee.” The firm earned at least $60,000 in income related to this lobbying activity, as well as Congressional lobbying on behalf of this client, during this time period.

  • Lavender lobbied the Executive Office of the President on behalf of the OLA in the second quarter of 2017. He lobbied the office on “[s]mall dollar lending, Dodd-Frank Act,” and “‘Operation Chokepoint.'” Lavender indicated on the lobbying report that he is the “[f]ormer Chief of Staff of House Financial Services Committee.” The firm reported $30,000 in income related to this lobbying activity, as well as Congressional lobbying on behalf of this client, during this time period. [“LOBBYING REPORT,” United States Senate, 07/20/17]
  • Lavender lobbied the Executive Office of the President on behalf of the OLA in the third quarter of 2017. He lobbied the office on “[s]mall dollar lending, Dodd-Frank Act,” and “‘Operation Chokepoint.'” Lavender indicated on the lobbying report that he is the “[f]ormer Chief of Staff of House Financial Services Committee.” The firm reported $30,000 in income related to this lobbying activity, as well as Congressional lobbying on behalf of this client, during this time period. [“LOBBYING REPORT,” United States Senate, 10/20/17]

One of Community Choice Financial’s lobbyists, Jason Osborne, has lobbied the White House twice and the Department of Treasury three times in 2017. He lobbied on “efforts regarding pay day lending rules and regulations.” The firm earned at least $160,000 in income related to this lobbying activity during this time period.

  • Osborne lobbied the Department of Treasury on behalf of Community Choice Financial Inc. in the first quarter of 2017. He lobbied the office on “[e]fforts regarding pay day lending rules and regulations.” The firm reported $40,000 in income related to this lobbying activity during this time period. [“LOBBYING REPORT,” United States Senate, 04/19/17]
  • Osborne lobbied the White House and the Department of Treasury on behalf of Community Choice Financial Inc. in the second quarter of 2017. He lobbied the office on “[e]fforts regarding pay day lending rules and regulations.” The firm reported $120,000 in income related to this lobbying activity during this time period. [“LOBBYING REPORT,” United States Senate, 07/19/17]
  • Osborne lobbied the White House and the Department of Treasury on behalf of Community Choice Financial Inc. in the third quarter of 2017. He lobbied the office on “[e]fforts regarding pay day lending rules and regulations.” The firm reported less than $5000 in income related to this lobbying activity during this time period. [“LOBBYING REPORT,” United States Senate, 10/20/17]

On Again, Off Again Trump Advisor’s Ties to the Payday Industry

Corey Lewandowski formed a consulting firm—Lewandowski Strategic Advisors—in May 2017. One of its “first new clients” was an “Ohio-based company called Community Choice Financial,” a “leader in the payday lending industry.” The company has “advocated for the Trump administration to block or overturn federal financial regulations” and its CEO called the CFPB “‘the great Darth Vader’ of the federal government.”  

  • In May 2017, Lewandowski started a new consulting firm, Lewandowski Strategic Advisors. One of its “first new clients” was an “Ohio-based company called Community Choice Financial,” a “leader in the payday lending industry.” [Nicholas Confessore and Kenneth Vogel, “Trump Loyalist Mixes Businesses and Access at ‘Advisory’ Firm,” The New York Times, 08/01/17]

Lewandowski called for Trump “to oust the [CFPB’s] director, Richard Cordray” during a July 2017 Meet the Press appearance. When asked if he had “‘a client that wants to see’ Mr. Cordray fired,” Lewandowski said, “‘No, no. I have no clients whatsoever.'” However, a draft contract obtained by The New York Times showed that “Community Choice Financial offered him a $20,000-a-month retainer in return for ‘strategic advice and counsel designed to further the goals of'” the company. Lewandowski claimed the contract was never executed and he hasn’t “‘been paid a dime'” by Community Choice Financial.

  • In July 2017, Lewandowski, on NBC’s Meet the Press, called “for Mr. Trump to oust the [CFPB’s] director, Richard Cordray, an Obama holdover who has led the effort to pass new payday lending requirements.” Lewandowski “added a criticism of a new rule issued by the [CFPB in July] that bans financial companies from using mandatory arbitration clauses in customer contracts.” In the Meet the Press interview, Corey Lewandowski said, “‘No, no. I have no clients whatsoever'” in response to a question by Chuck Todd asking if he had “‘a client that wants to see’ Mr. Cordray fired.” [Nicholas Confessore and Kenneth Vogel, “Trump Loyalist Mixes Businesses and Access at ‘Advisory’ Firm,” The New York Times, 08/01/17]
  • According to a “draft contract” obtained by the New York Times, in July 2017, Lewandowski was offered “$20,000-a-month retainer in return for ‘strategic advice and counsel designed to further the goals of Community Choice Financial.'” [Nicholas Confessore and Kenneth Vogel, “Trump Loyalist Mixes Businesses and Access at ‘Advisory’ Firm,” The New York Times, 08/01/17]

Lewandowski previously “helped recruit Community Choice Financial as a client for Avenue Strategies,” a firm he helped found before starting Lewandowski Strategic Advisors. To attract the company, Lewandowski reportedly pledged that he would get Trump to fire the payday lending “industry’s arch-nemesis, the Consumer Financial Protection Bureau head Richard Cordray.” Avenue Strategies has received $160,000 since the beginning of 2017 to lobby on behalf of Community Choice Financial.

  • In order for Avenue Strategies to hire Community Choice Financial, “a person familiar with the matter” said, Corey Lewandowski “pledged that he would get Trump to fire that industry’s arch-nemesis, the Consumer Financial Protection Bureau head Richard Cordray.” [Jason Zengerle, “Inside Corey Lewandowski’s Failed Romp in Trump’s Swamp,” GQ, 05/15/17]
  • Lewandowski Strategic Advisors appears to be an “‘advisory'” business that “‘cannot and will not engage in any lobbying or advocacy services,” but rather “advise companies on how to navigate the government.” [Nicholas Confessore and Kenneth Vogel, “Trump Loyalist Mixes Businesses and Access at ‘Advisory’ Firm,” The New York Times, 08/01/17] 

Lewandowski was linked to a new lobbying firm, Turnberry Solutions, in September 2017. The firm has been a registered lobbyist for Community Choice Financial since October 2017, and has received at least $100,000 on its behalf.

  • In September 2017, Lewandowski was linked to a new lobbying firm, Turnberry Solutions. Lewandowski denied any connection with Turnberry; however, Lewandowski has been on “conference call[s]” with its clients, has an “email address with his first name on it,” and allegedly traveled “with two of Turnberry’s lobbyists to pitch the firm’s services.” [Theodoric Meyer and Daniel Lippman, “Corey Lewandowski appears to be working with another lobbying firm,” Politico, 09/22/17]
  • Since October 2017, Turnberry Solutions has been registered as a lobbyist for Community Choice Financial and has received at least $100,000. [“LOBBYING REPORT,” United States Senate, 10/20/17 and “LOBBYING REPORT,” United States Senate, 01/23/18]

Payday Contributions to Trump’s 2020 Presidential Campaign

Michael Hodges, chairman of Harpeth Financial, contributed at least $40,400 to Trump’s 2020 presidential committees.  

  • In 2017, Michael Hodges, chairman of Harpeth Financial, contributed at least $35,000 to the Trump Victory committee, a joint fundraising committee. [FEC Search for Trump Victory, 2017, accessed 04/12/18]
  • In 2017, Michael Hodges, chairman of Harpeth Financial, contributed at least $5,400 to Donald J. Trump for President committee. [FEC Search for Donald J. Trump for President, 2017-2018, accessed 04/12/18]

Payday Contributions to the RNC Since Trump’s Inauguration 

Since the Trump inauguration, Michael Hodges, chairman of Harpeth Financial, contributed at least $75,000 to the Republican National Committee (RNC). 

  • In 2017, Hodges, chairman of Harpeth Financial, contributed at least $75,000 to the RNC. [FEC Search for Republican National Committee, 2017, accessed 04/12/18]

Community Financial Services Association of America 2018 Convention 

The Community Financial Services Association of America (CFSA), which “represents the payday loan industry,” will hold its annual convention in April 2018 at Trump National Doral, “Donald Trump’s 90-hole golf resort 12 miles west of downtown Miami.” The association “has not used a Trump property” for its conference since several years before Trump announced his candidacy for president.

  • “The Community Financial Services Association of America, an interest group that represents the payday loan industry, is hosting its four-day annual conference in April 2018” at Trump National Doral, a “90-hole golf resort 12 miles west of downtown Miami.” The CFSA “typically holds its annual conference in California during odd-numbered years and on the east coast during even-numbered years, though the group has not used a Trump property in the last five years, according to past conference invitations posted online.” [Alex Daughtery, “Payday lenders, with major business before Trump, to hold conference at Trump Doral,” The Miami Herald, 11/08/17]

Methodology and Notes 

Research created a list of major payday lenders using information from OpenSecrets, the Community Financial Services Association of America’s 2017 list of corporate members, and the “Database of Direct Payday Lenders” to search for payday lending contributions. Research used Google, Nexis, Open Secrets, Senate lobbying database and the FEC.

Payday Lender List

  • 1-2-3 CA$H
  • Advance America Cash Advance Centers, Inc.
  • Advance Cash
  • Amscot Financial
  • AT Financial Services
  • Axcess Financial / Check ‘n Go, Inc.
  • Cash 1
  • Cash 2-U Loans
  • Cash Depot of MS, LLC
  • Cash Factory USA
  • Check City
  • Check Into Cash, Inc.
  • Check on Hold
  • CMM, LLC / Cash Tyme
  • Community Choice Financial DBA CheckSmart Financial
  • Consumer Lending Associates, LLC
  • Curo Financial Technologies Corp.
  • Dollar Financial Group, Inc.
  • EC Holding (EmergiCash)
  • EMG Acquisition Group, LLC
  • Financial Service Centers of Ohio
  • Harpeth Financial Services DBA Advance Financial
  • Instant Cash Advance Corp.
  • Ivy Funding Company LLC
  • JD Finance, Inc
  • Speedy Cash / Lending Bear
  • Main Street Personal Finance / (ACAC, Inc.)
  • MoneyKey
  • Moneytree, Inc.
  • National Check Cashers
  • NCP Finance
  • Northstate Check Exchange
  • Payday America
  • PH Financial Services, LLC
  • Power Finance Texas
  • QC Holdings, Inc.
  • Speedee Cash Management Co. Inc.
  • Speedy Cash, Inc. (Florida)
  • Thrifty Loans, LLC
  • USA Cash Services
  • Westrock Financial LTD
  • XTRACASH, LLC
  • Select Management Resources
  • ACE Cash Express
  • Jones Management Services
  • Cash America International
  • Cash Express LLC
  • Checksmart Financial
  • PLS Financial Services
  • DMP Investments
  • CNG Financial
  • TMX Finance
  • Rebs Inc
  • Think Finance
  • Think Cash
  • Compucredit Corp
  • Cash Central
  • Blue Trust Loans
  • MyPaydayLoan
  • CashNetUSA
  • Maxlend

Payday Lending Trade Groups List

  • Financial Service Centers of America (FSCA)
  • Community Financial Services Association (CFSA)
  • Online Lenders Alliance (OLA)

Searches Performed in this Document

  • Google: “Lewandowski” “payday”
  • Nexis: (Lewandowski) w/p (payday) – Prior to 7/28/17 and After 8/07/17
  • Nexis: (Lewandowski) w/250 (payday) – Prior to 7/28/17 and After 8/07/17
  • Senate Lobbying Database: Avenue Strategies, Turnberry, Lewandowski
  • Open Secrets: Trump Inauguration Donors
  • FEC Search: Donald J. Trump for President Committee 01/01/2015-Present
  • FEC Search: Trump Make America Great Again Committee PAC 01/01/2015-Present
  • FEC Search: Trump Victory PAC 01/01/2015-Present
  • FEC Search: Republican National Committee 1/01/17-Present
  • FEC Search: Great America PAC 01/01/2015-Present
  • FEC Search: Rebuilding America Now Super PAC 01/01/2015-Present
  • FEC Search: Make America Number 1 Super PAC 01/01/2015-Present
  • FEC Search: Our Principles Super PAC 01/01/2015-Present
  • FEC Search: Make America Great Again Super PAC 01/01/2015-Present
  • FEC Search: Make America Great Again PAC 01/01/2015-Present
  • FEC Search: Committee to Restore America’s Greatness Super PAC 01/01/2015-Present
  • FEC Search: Committee for American Sovereignty Super PAC 01/01/2015-Present
  • FEC Search: Trump Victory PAC 01/01/2015-Present
  • FEC Search: Patriots for Trump Super PAC 01/01/2015-Present
  • FEC Search: Real People for America Super PAC 01/01/2015-Present
  • FEC Search: Make America Awesome Super PAC 01/01/2015-Present
  • FEC Search: Keystone Commonsense Super PAC 01/01/2015-Present
  • FEC Search: American National Super PAC 01/01/2015-Present
  • FEC Search: Crippled America Super PAC 01/01/2015-Present
  • FEC Search: Bring Back American Opportunity Super PAC 01/01/2015-Present
  • FEC Search: TrumPAC Super PAC 01/01/2015-Present
  • FEC Search: America’s Trump Card SuperPAC 01/01/2015-Present
  • FEC Search: 45 Committee 01/01/2015-Present
  • FEC Search: Make America Great Super PAC 01/01/2015-Present
  • FEC Search: America for Greatness Super PAC 01/01/2015-Present
  • FEC Search: Let’s Trump Politics Super PAC 01/01/2015-Present
  • FEC Search: Trump USA Super PAC 01/01/2015-Present
  • FEC Search: Women Vote Trump Super PAC 01/01/2015-Present
  • FEC Search: HC4DT Super PAC 01/01/2015-Present
  • FEC Search: Veterans for Trump Super PAC 01/01/2015-Present
  • FEC Search: Future 45 Super PAC 01/01/2015-Present
  • FEC Search: Committee to Defend the President 01/01/2015-Present
  • FEC Search: Stop Hillary PAC 01/01/2015-Present
  • Google: “Community Financial Services Association” trump
  • Google: site:cfsaa.com trump
  • Google: site:www.trumphotels.com “community financial services”
  • Google: site:www.trumphotels.com CFSA
  • Google: site:www.trumphotels.com CFSAA
  • Google: site:www.pdlba.com trump
  • Google: site:www.fisca.org trump
  • Lobbying reports for the Community Financial Services Association of America on OpenSecrets
  • Lobbying reports for the Financial Service Center of America on OpenSecrets
  • Lobbying reports for the Online Lenders Alliance on OpenSecrets
  • Lobbying reports for all companies on Payday Lenders List

Endnotes

1 Patrick Rucker, “Exclusive: Trump official quietly drops payday loan case, mulls others – sources,” Reuters, 03/23/18

2 Chris Elmore, “Payday loan crackdown on ice under Trump pick who got donations,” Palm Beach Post, 01/17/18

3 Ian McKendry, “Bipartisan Group of Lawmakers Urges CFPB to Ease Up on Payday Rule,” American Banker, 09/30/16; Follow The Money search for Payday/Title Loans to Mick Mulvaney, Follow The Money, accessed 04/13/18.

4 “Supreme Court Weighs in on State Preemption as CFPB Director Defends Practice,” AdvanceAmerica.net, accessed 04/13/18

5 Political Moneyline search for Advance America Employee Contributions to Mick Mulvaney, CQ, accessed 01/17/18 and Follow The Money search for Advance America Contributions to Mick Mulvaney, Follow The Money, accessed 01/17/18

6 Kate Berry, “CFPB drops probe into lender that gave to Mulvaney’s campaigns,” American Banker, 01/23/18

7 Steve Vockrodt, “CFPB drops Kansas payday lending case, stoking fears Trump is backing off the industry,” Kansas City Star, 01/19/18

8 “CFPB Statement on Payday Rule,” ConsumerFinance.gov, 01/16/18

9 “CFSA 2018 Annual Conference and Expo,” Community Financial Service Association of America, accssed 04/13/18

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