Washington, D.C. – Grassroots groups are making a final push for the CFPB to strengthen proposed rules for the payday lending industry on the last day public comment period that has seen a heated battle between fair lending advocates and the payday lending industry. Advocates say the proposed rule still has far too many loopholes […]
More than 400,000 Comments to CFPB Call for Crackdown on Abusive Lending
WASHINGTON, DC – More than 400,000 comments so far, asking for a stronger, smarter rule on payday lending have flooded the Consumer Financial Protection Bureau (CFPB) since a draft proposal on the rule was unveiled in June, consumer advocates announced Wednesday. The comments were gathered as part of a nationwide effort to ensure the voices of […]
Sen. Jeff Merkley Joins Consumer Advocates to Release Personal Stories from Families Devastated By Payday Lending Industry
WASHINGTON, D.C. – The Stop the Debt Trap campaign will host a press teleconference on Wednesday, Oct. 5, at 11 a.m. EST/8 a.m. PST to discuss the overwhelming response from families urging the Consumer Financial Protection Bureau (CFPB) to strengthen its proposed rule on payday lending. The campaign will release a book of personal stories describing the devastating experiences […]
Isaiah J. Poole Named Communications Director for People’s Action
Washington D.C. – Journalist and longtime editor of OurFuture.org, Isaiah J. Poole, has been named communications director for People’s Action, a national organization with nearly a million members. Poole will oversee all communications and public relations for the organization, building visibility and awareness of the work on economic, racial, gender and climate justice. “As a […]
Native Organizers and Supporters Praise Government Decision to Halt Construction of Dakota Access Pipeline
Washington, D.C. – After the decision by a federal judge on Friday to not issue an injunction protecting Native lands threatened by the Dakota Access Pipeline, the Obama Administration issued a statement halting pipeline construction that is welcomed by the thousands of Native and non-Native activists who have gathered in protest against the project. The […]
Activists Nationwide Rally for Strong Federal Payday Rules
100 ACTIVISTS FROM ACROSS THE COUNTRY RALLY AT PAYDAY LOAN STOREFRONT CALLING FOR STRONG FEDERAL RULES Demand Local Payday Lender Support Common Sense Rules from the Consumer Financial Protection Bureau to Shut Down Payday and Car Title Loan Debt Trap Milwaukee – More than 100 activists from 25 states converged Monday on Speedy Loan, a […]