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politics·politics byRanvier

Watchdog readies crackdown on predatory lending after Supreme Court win

The Consumer Financial Protection Bureau plans to restart its aggressive crackdown against payday lenders and other companies that offer high-cost, short-term loans to poor borrowers, after a Supreme Court ruling this week resolved a challenge to the federal agency’s authority to act.

The decision is expected to ease some of the persistent political and legal obstacles at the CFPB, where powerful financial firms had blocked regulations, jeopardized the bureau’s funding and used the uncertainty generated by their battle to ward off recent probes and punishments.

https://archive.is/uq5G1

https://www.washingtonpost.com/business/2024/05/17/cfpb-enforcement-supreme-court-payday/Open linkView original on sopuli.xyz
politics·politics byRanvier

What Trump promised oil CEOs as he asked them to steer $1 billion to his campaign

Trump’s response stunned several of the executives in the room overlooking the ocean: You all are wealthy enough, he said, that you should raise $1 billion to return me to the White House. At the dinner, he vowed to immediately reverse dozens of President Biden’s environmental rules and policies and stop new ones from being enacted, according to people with knowledge of the meeting, who spoke on the condition of anonymity to describe a private conversation.

https://www.washingtonpost.com/politics/2024/05/09/trump-oil-industry-campaign-money/

https://archive.is/BquYY

https://www.msn.com/en-us/news/politics/what-trump-promised-oil-ceos-as-he-asked-them-to-steer-1-billion-to-his-campaign/ar-BB1m5AzkOpen linkView original on sopuli.xyz
politics·politics byRanvier

Wisconsin Ethics Commission alleges illegal scheme by Trump fundraising committee and Rep. Janel Brandtjen

A state oversight panel is recommending Wisconsin prosecutors pursue a slate of felony charges against a fundraising committee for Donald Trump and a Republican state lawmaker in a scheme to evade campaign finance laws surrounding an effort to unseat one of the most powerful Republicans in Wisconsin, Trump foe Assembly Speaker Robin Vos.

Wisconsin Ethics Commission alleges illegal scheme by Trump fundraising committee and Rep. Janel Brandtjenhttps://www.jsonline.com/story/news/politics/elections/2024/02/23/wisconsin-ethics-commission-alleges-illegal-scheme-by-trump-fundraising-committee-and-rep-janel-bran/72711365007/Open linkView original on sopuli.xyz
politics·politics byRanvier

Trump pardoned them. Now they’re helping him return to power.

Never before had a president used his constitutional clemency powers to free or forgive so many people who could be useful to his future political efforts. A Washington Post review of Trump’s 238 clemency orders found that dozens of recipients, including Arpaio, have gone on to plug his 2024 candidacy through social media and national interviews, contribute money to his front-running bid for the Republican nomination or disseminate his false claims of voter fraud in the 2020 election.

Ghost archive link: https://ghostarchive.org/archive/IHZj1

https://www.washingtonpost.com/politics/interactive/2023/trump-pardon-power-2024-benefit/Open linkView original on sopuli.xyz
politics·politics byRanvier

U.S. stops helping Big Tech spot foreign meddling amid GOP legal threats

The federal government is no longer warning Meta about foreign influence campaigns, a shift that comes amid a legal campaign against the Biden administration’s communication with tech platforms.

Archive link: https://ghostarchive.org/archive/4ejOM

https://www.washingtonpost.com/technology/2023/11/30/biden-foreign-disinformation-social-media-election-interference/Open linkView original on sopuli.xyz

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