Congress Must Protect Americans From the CFPB

Congress Must Protect Americans From the CFPB
AP Photo/J. Scott Applewhite

Congress has a dwindling number of days left to stop a Consumer Financial Protection Bureau (CFPB) regulation that will make payday loans difficult for consumers to get. Access to such short-term, small-dollar, high-interest loans may not matter to people who already have savings or credit cards on hand for emergencies, but it's a big deal to working Americans on lower economic rungs who suddenly need a loan to cover rent, make a car repair, or pay a utility bill.

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