Financial watchdog to gut most of its payday lending rules
U.S.
February 8, 20194 min read, 730 words

Financial watchdog to gut most of its payday lending rulesFinancial watchdog to gut most of its payday lending rules

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Published: February 8, 2019  |  4 min read, 730 words
AP NEWSRelated topicsNEW YORK (AP) — The nation’s federal financial watchdog said Wednesday that it plans to abolish most of its critical consumer protections governing payday lenders.The move is a major win for the payday lending industry, which argued the government’s regulatio...
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