New California Financial Watchdog Would Take Aim At Predatory Lenders Amid Pandemic

Sent to you by Martin Wulfe (mwulfe2020@gmail.com)

Martin Wulfe ( mwulfe2020@gmail.com) thought you would be interested in this story. "Lawmakers in California are rushing to create a new financial protection watchdog agency by the end of the month. They say it's needed because, under the Trump administration, the main federal regulator has been paralyzed. And they say that during the pandemic that is leaving millions of Americans who are in dire financial straits more vulnerable to predatory lenders, get-out-of-debt-scams and other wrongdoing. Marty Wulfe" New California Financial Watchdog Would Take Aim At Predatory Lenders Amid Pandemic California may be on the cusp of creating a watchdog agency. Proponents say federal regulators aren't doing their job, leaving leaving millions of Americans vulnerable during the coronavirus crisis. Read More This email was sent by National Public Radio, Inc., 1111 North Capitol Street NE, Washington, DC 20002 Privacy Policy