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Report examines how the payday lending industry courted Trump from candidate to President-elect to President and how they plan to cash in.
Florida-based Amscot Financial, which has contributed almost $1 million to Florida politicians, was planning national expansion if CFPB adopted disastrous “Florida model.”
Payday lenders have contributed more than $2.5 million to Florida candidates and political parties since 2009.
Debt Trap Debbie: Sabotaging Obama on Payday Lending Reform. Suspiciously Timed Contributions from Unsavory Lenders.
Is Debbie Wasserman Schultz sabotaging President Obama on payday lending reform because of these suspiciously timed donations from payday lenders?