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Payday Rules Relax on Trump’s Watch After Lobbying by Lenders

Friday, February 2, 2018
Alan Rappeport | The New York Times
Diane Standaert

To consumer advocates, the defanging of the consumer bureau is the epitome of pay-to-play. “They aggressively lobby against anything that goes against the debt trap nature of their business model,” said Diane Standaert, the director of state policy at the Center for Responsible Lending. “It’s been fierce.”