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CBS News: Wall Street Vet Atop Treasury Could Test Trump’s Populism
“The draining is currently clogged, apparently,” said Karl Frisch, executive director of Allied Progress, a left-leaning grassroots organization. Mnuchin’s appointment would “run contrary to the message he campaigned on.”
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Fast Company: Trump’s Transition Team Is Not Quite “Drain the Swamp”
Karl Frisch, executive director of Allied Progress, said, “It’s hard to fight the ‘rigged’ system when you fill your administration with the very individuals complicit in the rigging. President-elect Trump promised millions of angry Americans that Washington would be different under his leadership. He decried the influence of big banks, Wall Street fat cats, and powerful special interests. Now it appears he’s offering them room-and-board in the White House. If these leaked reports are to be believed, the swamp’s drain is obviously clogged.”
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McClatchy: Possible Trump Treasury Pick Is Accused of Deepening California’s Foreclosure Crisis
“We will hold him accountable if he abandons his call for real change and instead favors the powerful special interests he lambasted on the campaign trail,” said Karl Frisch of the left-leaning advocacy group Allied Progress.
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The Times and Democrat: Payday Lending Stories Not Real
Eric Peters came out swinging (T&D, Oct. 1) against the Consumer Financial Protection Bureau’s effort to crack down on predatory payday lenders. To bolster his untenable position, he cited the purportedly personal stories of happy payday loan customers submitted to the CFPB and spotlighted by a payday industry-backed special interest group in Washington. Unfortunately, Peters failed to inform readers that hundreds, if not thousands, of the supposedly unique and personal payday loan-supportive stories he pointed to used many of the exact same sentences and paragraphs.
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Florida Public Radio: Judge’s Extended Deadline Enticed 64,000 New Voters
Democrats sued when Governor Rick Scott refused their request to extend the registration deadline. Scott says he didn’t have the power to act on his own. But voting rights advocate Karl Frisch says Republicans have been trying to suppress turnout for years.
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Politico: Payday-Lending Crackdown Draws 1.4 Million Letters of Protest
“It’s very suspicious,” said Karl Frisch, executive director of Allied Progress, a left-leaning nonprofit. “We’re not just talking about language that’s nice to payday lenders. Or talks about a generic need for a payday loan. We’re talking about specific experiences that are repeated in letters.”
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Mortgage News Daily: What PHH v. CFPB Means For Us
But there are critics who point out that the divided court’s opinion was written by Judge Brett M. Kavanaugh, an appointee of former President George W. Bush and conservative stalwart whose jurisprudence has repeatedly provoked the ire of liberal groups.
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Bloomberg: CFPB Survives Legal Attack As Court Trims Director’s Power
Allied Progress, a Washington-based group that supports the CFPB’s mission, criticized the ruling as a victory for the same interests that “instigated and profited from” the 2008 financial crisis.
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National Mortgage News: CFPB Structure Is Unconstitutional, Court Rules
Karl Frisch, the executive director of Allied Progress, an advocacy group, said he expects the CFPB will appeal and the decision will be overturned by the D.C. Circuit. He also criticized Kavanaugh for handing down what he described as a partisan ruling.
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Housing Wire: “A Good Day for Democracy” or a “Reckless Decision”: Mortgage Industry Reacts to Watershed PHH-CFPB Ruling
The left-leaning group Allied Progress called out the judges in the case and questioned the legitimacy of the decision. “This decision really was no surprise, Allied Progress Executive Director Karl Frisch said.