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State Exactly Exactly Just Exactly What?! Brand Brand New Trump Economic Report Claims More Payday Advances Will Raise Household Incomes

State Exactly Exactly Just Exactly What?! Brand Brand New Trump Economic Report Claims More Payday Advances Will Raise Household Incomes

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Trump Jumps Gun, Counts CFPB’s Proposed Rule Scrapping Payday Protections as a provided to Make definitely questionable Conclusions

Washington D.C. – File Under: Fantasy Land Economics. Today, Donald Trump’s Council of Economic Advisors circulated a report that is new included one especially eyebrow-raising claim: that unrestricted use of pay day loans are good for home incomes. Despite an obvious reputation for predatory methods and sky-high rates of interest, Trump’s financial mind trust determined that repealing important debtor defenses will somehow trigger better results for Us americans. Continuer la lecture de State Exactly Exactly Just Exactly What?! Brand Brand New Trump Economic Report Claims More Payday Advances Will Raise Household Incomes