Federal improvement in payday financing limitations won’t undermine Ohio legislation

Federal improvement in payday financing limitations won’t undermine Ohio legislation

“Those measures goes ahead no matter what takes place during the federal degree, ” claims Cordray, A Democrat whom left the CFPB to unsuccessfully run for Ohio governor right after the federal payday financing guidelines he endorsed had been finalized. “Our CFPB put up a federal flooring and failed to restrict states doing more. ”

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