Letter: Trump stops rules against usury
(Carolyn Kaster | The Associated Press) President Donald Trump arrives on Marine One on the South Lawn of the White House in Washington, Friday, Feb. 8, 2019. The President was returning to the White House after his annual physical exam at Walter Reed National Military Medical Center.
According to NPR, “Kathleen Kraninger, the president’s new director of the Consumer Financial Protection Bureau, proposed eliminating nearly all of the substantive requirements of new payday lending regulations.”
If this isn’t enough to convince dyed-in-the-wool Trump supporters that he is bent on undermining what remains of the good accomplished in previous years, consider this: The Bible forbids usury. That is exactly the word describing the excessive interest which predatory lenders charge.
Where is the outcry from the Christian leadership, so vocal on other issues? Or are they, like Mr. Trump and his “religious” Republicans, loath to criticize these rich hands that feed them?
Jon Sebba, Murray
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