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Republicans Making Car Loans Racist Again

by Editor
July 13, 2021
in Auto Loans, Videos
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Republicans Making Car Loans Racist Again
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Banks love ripping off black folks, and Republicans love letting them. Cenk Uygur and Ana Kasparian, hosts of The Young Turks, focus on.

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“The Senate on Wednesday voted to eliminate a shopper safety measure meant to cease automotive sellers from charging extra for automotive loans primarily based on race. And the vote is simply the beginning of lawmakers’ makes an attempt to focus on years of federal companies’ choices by the Congressional Review Act, the GOP’s new favourite deregulatory toy.
Senators voted 51-47 in favor of a decision launched by Sen. Jerry Moran (R-KS) that will undo the Consumer Financial Protection Bureau’s auto lending steerage meant to chop down on discrimination. The steerage targets “dealer markups,” the place automotive sellers cost extra curiosity on prime of what third-party lenders cost.
The vote was largely alongside occasion traces, aside from Democratic Sen. Joe Manchin of West Virginia, who voted sure. The House has but to take up the measure.”*

Hosts: Cenk Uygur, Ana Kasparian

Cast: Cenk Uygur, Ana Kasparian

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The Largest Online News Show within the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 6-8pm ET.

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Young Turk (n), 1. Young progressive or rebel member of an establishment, motion, or political occasion. 2. A youngster who rebels towards authority or societal expectations.(American Heritage Dictionary)

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Tags: 180418__TA04Consumersauto loansauto loans racismbreaking newscar loansCenk UygurCFPBcivil rightsdealer markupsDemocraticdiscrepancyDiscriminationDonald Trumpfinancial deregulationGOPinterest rateslendersLiberalnewspoliticsProgressiveracist banksracist interest ratesRepublicanthe young turksTrumptytTYT Networkus news
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