The Washington Independent

Posts Tagged financial services industry

OCE Investigation Probes Eight Congressmen’s Financial Services Fundraising Efforts

By | 07.15.10 | 3:36 pm

At what point does a campaign contribution cross over from Washington status quo to illegal quid pro quo? That’s what the Office of Congressional Ethics has been attempting to probe in its ongoing investigation into eight House members who solicited and received large campaign contributions from the financial services More…

The Sad and Scandalous Comeback of Payday Lenders

By | 04.08.09 | 9:43 am

Mike’s excellent story today about the weak reforms of the payday lending industry proposed by onetime industry foe Rep. Luis Gutierrez (D-Ill.) details a disappointing setback for efforts to curb the insidious practice of charging down-on-their-luck consumers loan shark rates for short-term loans.