Free Republic

This morning as I was driving to a client's home listening to the radio a very interesting explanation was being discussed. Did you know the Consumer Financial Protection Bureau was not part of the Congressional Budget?These darn communists actually had the Fed funding them. Apparently the CFPB is not a line item, but the government has to request a 'draw' for funding from the Federal Reserve Bank? The CFFB is now sitting on $700 million dollars and the Trump administration simply says they don't need this particular draw, so it is $0.00.When Obama and Warren set this up this way...

PHOENIX — Another payday lending company’s decision to leave the state shows the expiration of a law that allowed high-interest loans is working, Arizona Attorney General Terry Goddard said. Advance America Cash Advance Centers Inc. announced plans this week to close all 47 of its locations in Arizona, along with 75 locations in several other states. The Spartanburg, S.C., company made millions “off of a business model that preyed on vulnerable borrowers,” Goddard said in a news release Friday. “They could have amended their business practices like other companies and charged lawful rates, but they chose to fold their tent...