consumer protection

In this week's address, President Obama highlights the work of the new independent consumer watchdog he fought to create. This agency's mission is to stand up for consumers and includes protecting every American from mistakes made by the companies who determine their credit scores.

They call him "Payday Paton" A corporate lobbyist who worked for the Payday loan industry. Even defended their predatory targeting of seniors. And as a legislator, Paton pushed a deceptive initiative to bailout the payday industry... and "allow the continued gouging of the everyday citizen." Interest rates of three hundred ninety percent. Jonathan Paton. He profits.