1.0CLP Bloghttps://clpblog.citizen.orgBrian WolfmanSenators Call for a Ban on Payday Lending by Federally Regulated Banks - CLP Blogrich600338<blockquote class="wp-embedded-content" data-secret="Znez5TK39M"><a href="https://clpblog.citizen.org/senators-call-for-a-ban-on-payday-lending-by-federally-insured-banks/">Senators Call for a Ban on Payday Lending by Federally Regulated Banks</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://clpblog.citizen.org/senators-call-for-a-ban-on-payday-lending-by-federally-insured-banks/embed/#?secret=Znez5TK39M" width="600" height="338" title="“Senators Call for a Ban on Payday Lending by Federally Regulated Banks” — CLP Blog" data-secret="Znez5TK39M" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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Five U.S. senators, led by former Connecticut Attorney General (now Senator) Richard Blumenthal, has called on the Fed and the FDIC to ban payday lending by federally regulated banks. The Consumerist has a nice write up.