The Trump administration is dismantling financial protections for the military
Predatory lenders disproportionately target military members. The CFPB will no longer supervise them.
The federal government’s top consumer watchdog has decided it no longer needs to proactively supervise banks, credit card companies, and other lenders
who deal with members of the military and their families to make sure they’re not committing fraud or abuse.
will put service members in the claws of predatory lenders and
put their careers and livelihoods — and potentially US national security — at risk.
https://www.vox.com/policy-and-polit...ney-cfpb-loans