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State Just Exactly Just What?! Brand Brand Brand 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 released a report that is new included one especially eyebrow-raising claim: that unrestricted use of pay day loans are good for household incomes. Despite an obvious reputation for predatory methods and sky-high interest levels, Trump’s financial mind trust determined that repealing important debtor defenses will somehow result in better results for Us americans.