The American Legion has joined the opposition to the recent Republican move to make it harder for consumers to sue the banks. The veterans organization is calling on Donald Trump to veto the bill passed by the Senate earlier in the week:
“Every servicemember and veteran should have the right and responsibility to confront predatory loan practices,” American Legion National Commander Denise Rohan said. [...]
“Our membership has stated unequivocally that we are opposed to situations where our military and veterans’ financial protections are chipped away to increase the profits of the big banks,” Rohan said.
“Repealing the CFPB arbitration rule takes away consumers' most effective tool to protect themselves against predatory lenders,” she said.
Trump is expected to sign the bill, then go back to bragging about how much he loves veterans and how great he is for them.
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