Payday Lenders Get Ready For a Fight After Warren, Sanders Declare Presidential Bids

Payday Lenders Get Ready For a Fight After Warren, Sanders Declare Presidential Bids Advocates for and against CFPB’s payday financing guidelines say industry lobbying efforts to intensify in runup to 2020 The payday financing lobby has mostly remained beneath the radar in past election rounds as other hot-button problems like Wall Street regulation and income tax policy took up voters’ attention. However with Sens. Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.), both advocates of customer defenses, formally operating for president, the industry is gearing up because of its very very first big governmental battle in the 2020 election period. The…