WASHINGTON — In mid-April, hundreds of people in the lending that is payday will check out Florida with regards to their annual retreat featuring tennis and networking at a plush resort just outside Miami. The resort simply is actually the Trump National Doral club.
It will probably cap per year when the industry went from villain to victor, the consequence of a concentrated lobbying campaign who has culminated into the Trump administration’s loosening regulatory hold on payday lenders and a far friendlier approach by the industry’s nemesis, the buyer Financial Protection Bureau.