predatory lenders

Republicans Attack New Consumer Protection Rules

A sign leans against a chair during a speech by Consumer Financial Protection Bureau Director Richard Cordray, in Richmond, Va., March 26, 2015. (AP/Steve Helber)
A new rule by a federal watchdog—hailed as having “paramount importance” for protecting consumers from Wall Street predators and curbing corporate abuses—is under direct attack by Republicans just days after being issued.