A Restriction on Payday Lenders Was Just Delayed. Democrats Want to Know Why

The Consumer Financial Protection Bureau was created in 2010 to help protect American consumers against bad corporate practices. But Democratic lawmakers believe the agency has taken a turn under President Donald Trump.

This week, House Democrats began looking into a recent decision by the agency to delay a rule on payday lending.

“This committee will not tolerate the Trump Administration’s anti-consumer actions,” Rep.

The Consumer Financial Protection Bureau was created in 2010 to help protect American consumers against bad corporate practices. But Democratic lawmakers believe the agency has taken a turn under President Donald Trump. This week, House Democrats began looking into a recent decision by the agency to delay a rule on payday lending. “This committee will not tolerate the Trump Administration’s anti-consumer actions,” Rep.