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Common Dreams: Ruling Against Wall Street Watchdog Decried as ‘Reckless and Partisan’
A federal appeals court’s ruling on Tuesday that the structure of the CFPB is unconstitutional has been decried as a “reckless and partisan” attack on the independent watchdog agency.
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Politico: Conservatives Win Big in Landmark Ruling Against Consumer Finance Protection Bureau
Consumer advocates called the opinion politically charged, noting that Kavanaugh and the other judges on the case, Karen LeCraft Henderson and A. Raymond Randolph, are Republican nominees.
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Washington Times: Court Rules Consumer Bureau’s Power ‘Unconstitutional’ in Setback to Obama
Consumer groups were enraged, accusing Judge Kavanaugh of pursuing an ideological agenda in his ruling against the CFPB.
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Politico: Pro-Payday CEI Report Authored by Disgraced Payday Attorney
Allied Progress’s Karl Frisch emails on the CEI report in Tuesday’s MM: “I’m not sure if you noticed but the report is actually authored by Hillary Miller, a payday lending industry attorney.”
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CBS Money Watch: The Fight Over New Payday Lending Rules Gets Nasty
Consumer advocates are crying foul, saying the public comment submissions for the CFPB’s payday lending rule repeat an alarming number of identical passages.
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Counter Punch: How the Payday Loan Industry is Obstructing Reform
With the CFPB proposals, the payday loan industry is not only asserting its own interests to stop the reforms contrary to public interest, but they are manufacturing public opinions to distort popular consensus on the guidelines in their favor.
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NewsOne: Georgia Elections Probe Exposes ‘Long-Term Assault On Voting Rights’
An investigation into Georgia’s Election Administration claims that state officials at the highest levels have engaged in a “long-term assault on voting rights.”
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Atlanta Journal-Constitution: Liberal Group Issues Report Hitting Georgia Over Voting Issues
In a report out Tuesday, the group took aim at Secretary of State Brian Kemp, Gov. Nathan Deal and other state and local leaders over accusations of voter suppression, saying Georgia does a poor job of protecting citizens’ rights and hurts minority communities by making registration and voting more difficult.
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CU Today: Payday Loan Trade Group Accused Of Manufacturing ‘Positive’ Stories
A consumer group is accusing the trade association for the payday loan industry of fabricating some of the “personal” stories it has included in a press release it published that claimed the CFPB was ignoring “positive” stories from payday loan customers.
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Morning Consult: Group Alleges Cut-and-Paste Job in CFPB Comments Favorable to Payday Loans
A left-leaning advocacy group on Monday said it has found hundreds of positive consumer testimonials about payday loans using identical language on the CFPB’s website, and it wants the agency to scrutinize the validity of those comments.