Trump’s White House is planning to absolve the Consumer Financial Protection Bureau of their responsibility to conduct routine examinations of lenders who might be violating the Military Lending Act, and is proposing changes that could leave service members more vulnerable to predatory lending.
By putting the lending industry ahead of our troops, it’s obvious that this president views the troops under his command more as props for photo opportunities rather than actual people. When it’s time to look out for the men and women responsible for protecting our nation, the president couldn’t care any less. Take a look:
The commander in chief is purposely making it harder for the the Military Lending Act to protect service members and their families from deceitful lending practices.
New York Times: “Instead of conducting examinations that might find similar patterns, the bureau will now rely solely on complaints funneled through its website, hotlines, the military and people who believe they have been victims of abuse.” Continue reading “Trump to Throw Vulnerable Troops to the Loan Sharks”