Leaked Audio of Payday Loan Executive Bragging About White House Access Reveals 'Quid Pro Quo' Top Trump Donors Enjoy

"In a statement Tuesday, Allied Progress director Derek Martin said the recordings represent "the worst of Washington, D.C.—wealthy executives buying off politicians so they can keep their predatory business model intact." "It's not surprising payday lenders are exploiting President Trump's fondness for quid pro quos, because it clearly works," added Martin. "The president and his team at the CFPB have no good reason to push millions more people towards 400 percent interest loans and the payday debt trap. They're acting solely on the millions of bad reasons payday lenders keep contributing to his campaign, and the industry clearly feels emboldened by that." "The president pledged to drain the swamp, instead it appears he's catering to the alligators," Martin said." (jn) http://ow.ly/iR3I50wXu5U
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