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Warren and Wasserman Schultz Clash Over Payday Lenders

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The top regarding the Democratic Party and another of their most well known numbers have reached chances throughout the Obama administration’s plans to modify the lending industry that is payday.

Rep. Debbie Wasserman Schultz, D-Florida, the seat associated with Democratic National Committee, is co-sponsoring a bill along with some other Florida lawmakers that will water down an effort that is forthcoming control payday loan providers, whose high-interest loans, customer advocates state, often trap the indegent in a period of financial obligation. Continue reading