NYT:Trump's pal Mulvaney to weaken military lending oversight--that protects Military families!!!

[riversedge]

Sen Eliz Warren and Dems fought so hard to get these protects, and now they are gone because of Ego of Trump and his minions!!


NYT: Mulvaney to weaken military lending oversight


https://www.cnn.com/2018/08/11/politics/mulvaney-military-lending/index.html?utm_term=image&utm_source=twCNNp&utm_medium=social&utm_content=2018-08-12T10%3A02%3A01




By Paola Chavez, CNN

Updated 12:14 PM ET, Sat August 11, 2018
Mulvaney's take on lobbyist and money causes stir



Now Playing Mulvaney's take on...


Mulvaney's take on lobbyist and money causes stir 01:36

(CNN)The Trump administration plans to eliminate routine audits of lenders for violations of the Military Lending Act, according to internal agency documents, The New York Times reported on Friday.


Mick Mulvaney, the interim director of the Consumer Financial Protection Bureau, plans to terminate the supervisory examinations of lenders, arguing proactive oversight is not laid out in the legislation, according to the report.



The proposal to weaken oversight under the Military Lending Act, which was created to protect military service members and their families from financial fraud, predatory loans and credit card gouging, came as a surprise to advocates of military families, the report stated. Those advocates have pressed the government to put a stop to unethical lenders.


The agency has been critical in fighting lender misconduct, rolling out mortgage and payday-lender rules and cracking down on bad behavior by penalizing Citigroup, Wells Fargo and many other lenders.

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Link to tweet

[Fullduplexxx]

1. Another desicion made in nov 2016

[dalton99a]

2. There is no end to their depravity.

[spanone]

3. fuck mulvaney and this entire bullshit administration

[OnDoutside]

4. I'd almost forgotten about this rat. He's been keeping his head down lately.

[Uncle Joe]

5. This is consistent with Republican policies of funneling money to the wealthy,

just one more shard of glass in that hideous mosaic.


Thanks for the thread riversedge

[Achilleaze]

6. The republican Draft-Dodger-in-Chief is pissing on USA military again

Dirty Donny and his KGOP republican cabal need to stop pissing on the military, POWs, veterans, and Gold Star families.

Disgraceful what republicans are doing to weaken and dishonor America's military.

[lunasun]

7. Thier rich friends gotta grift

[Mc Mike]

8. Prez Bonespurs supports the troops.

[riversedge]

9. Rep. Pramila Jayapal This is an outage. Predatory lenders are a scourge on our nation. Trump and M

Rep. Pramila Jayapal
‏Verified account @RepJayapal
2h2 hours ago

Rep. Pramila Jayapal Retweeted VoteVets

This is an outage. Predatory lenders are a scourge on our nation. Trump and Mulvaney are taking us backwards.

Link to tweet