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Arizona Democratic Party: On McSally's Watch, Trump Guts Payday Lending Protections
July 09, 2020
PHOENIX, Arizona, July 9 -- The Arizona Democratic Party issued the following news release:

On Senate Banking Committee member Martha McSally's watch, the Trump Consumer Financial Protection Bureau (CFPB) this week announced plans to reverse a consumer protection rule that prevents payday lenders from exploiting Arizonans.

The Trump CFPB's reversal of a rule shielding borrowers from predatory payday loans will leave "the 12 million Americans who use payda . . .

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