White House Urged to Kill Obama-era Payday Lending Rule
The Washington Times covers CEI’s letter sent to the Office of Information and Regulatory Affairs (OIRA) regarding the payday-lending rule.
A free-market group is urging the White House to rescind an Obama-era payday lending rule that is currently under review, saying the regulation would cause “paperwork proliferation on a massive scale” for lenders.
The Competitive Enterprise Institute asked the White House Office of Information and Regulatory Affairs to reject the rule because it violates the law.
The Consumer Financial Protection Bureau’s rule “violates the Paperwork Reduction Act, a longstanding law aimed at controlling regulatory burdens,” said CEI General Counsel Sam Kazman.
Read the full article at The Washington Times.
Source: https://cei.org/content/white-house-urged-kill-obama-era-payday-lending-rule
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).