Payday Loan Reform News – July 23


Trump’s Pick for CFPB Dodges Senators’ Policy, Budget Questions
July 19, Bloomberg
President Donald Trump’s nominee to lead the Consumer Financial Protection Bureau dodged most questions about her policy priorities and plans for cutting the bureau’s budget at a contentious July 19 confirmation hearing.

Other News

The Structural Biases Behind Financial Lending Won’t Stop Until We Start Speaking Out
July 23, Blavity
A brief foray into the world of financial lending shows that the structural biases of the past are still plaguing our world today, and that they’re not going away until the public demands action.

Candidates for Connecticut Governor Agree It’s the Economy, Stupid
July 22, New York Times
In the race for governor of Connecticut, there is one thing every candidate seems to agree on: The state’s economy is in serious disrepair.

Here are potential questions that could be on your November ballot in Colorado
July 20, The Colorado Independent
We already know the six big questions that will be on your ballot to answer in the fall, from lowering the required age for state lawmakers to removing language about slavery from the state Constitution. But there are also nearly a dozen proposed measures— from limiting drilling and payday loans to banning the sale of smartphones to kids— that could still make it on the ballot if supporters persuade enough voters to sign petitions for them.

Democratic Senators Slam Trump’s Pick To Run Consumer Financial Protection Bureau
July 19, NPR
Democrats on the powerful Senate Banking Committee said Kathy Kraninger is not qualified to be the director of the Consumer Financial Protection Bureau, the agency the White House has nominated her to run.