Trump Fintech Order Will Promote Predatory Lending, Endanger Consumer Funds
May 20, 2026
May 20, 2026
WASHINGTON, May 20 [Category: Law/Legal] -- The National Consumer Law Center posted the following news release:
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Trump Fintech Order Will Promote Predatory Lending, Endanger Consumer Funds
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Order Could Enable Payday Lenders to Ignore State Consumer Protection Laws and Skip Guardrails to Get Bank Charters
WASHINGTON - President Trump's Executive Order on financial technology, issued last night, instructs federal financial . . .
* * *
Trump Fintech Order Will Promote Predatory Lending, Endanger Consumer Funds
*
Order Could Enable Payday Lenders to Ignore State Consumer Protection Laws and Skip Guardrails to Get Bank Charters
WASHINGTON - President Trump's Executive Order on financial technology, issued last night, instructs federal financial . . .
