NPR

Pentagon Was Not Notified Of Proposal To Change Military Lending Act

In a letter obtained by NPR, the Pentagon says it hasn't gotten "official notification" about a Trump administration plan to weaken the enforcement of a law protecting troops from predatory creditors.
Mick Mulvaney, the acting head of the Consumer Financial Protection Bureau, seen at a House committee hearing earlier this year. Under Mulvaney, the bureau has scaled back its enforcement of rules against predatory lenders.

The Department of Defense says it has not been consulted on a recent Trump administration proposal, which would scale back the enforcement of a law meant to protect service members and their family members from predatory lenders.

In a letter to Sen. Claire McCaskill and several other senators, obtained by NPR, the department noted that it "has not received

You’re reading a preview, subscribe to read more.

More from NPR

NPR2 min read
FAA Is Investigating Boeing For Apparent Missed Inspections On 787 Dreamliner
The FAA says Boeing informed the agency in April that required inspections to confirm that the wings were properly bonded to the carbon fiber fuselage on certain 787 jets were not completed.
NPR3 min read
Floods In Southern Brazil Kill At Least 75 People Over 7 Days
Massive floods in Brazil's southern Rio Grande do Sul state have killed at least 75 people over the last seven days, and another 103 were reported missing, local authorities said Sunday.
NPR5 min readIndustries
China Makes Cheap Electric Vehicles. Why Can't American Shoppers Buy Them?
American drivers want cheap EVs. Chinese automakers are building them. But you can't buy them in the U.S., thanks to tariffs in the name of U.S. jobs and national security. Two car shoppers weigh in.

Related Books & Audiobooks