Klobuchar, Smith, Reed turn to Administration to guard U.S. Troops and Families from Financial Fraud

Klobuchar, Smith, Reed turn to Administration to guard U.S. Troops and Families from Financial Fraud

Present reports suggest the management is intending to stop examining loan providers for violations associated with the Military Lending Act and work out it easier for unethical lenders to target U.S. troops and harm families that are military

WASHINGTON – U.S. Senators Amy Klobuchar and Tina Smith joined up with Senator Jack Reed (D-RI) and 46 other senators in calling from the customer Financial Protection Bureau (CFPB) to keep protections that are financial servicemembers and their loved ones beneath the Military Lending Act (MLA). Continue reading »