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RandySF

(58,772 posts) Sat May 12, 2018, 12:12 AM May 2018

Trump and GOP lawmakers are making it easier for auto dealers to racially discriminate

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Trump and GOP lawmakers are making it easier for auto dealers to racially discriminate (Original Post) RandySF May 2018 OP

Tweet cites great LA Times piece on how dealers charge minorities higher interest rates. SunSeeker May 2018 #1

SunSeeker

(51,550 posts)

1. Tweet cites great LA Times piece on how dealers charge minorities higher interest rates.

Reply to RandySF (Original post)

Sat May 12, 2018, 12:34 AM

May 2018

The Consumer Financial Bureau rule Trump just disposed of prevented that.

"Apparently the Senate majority is more interested in helping vulnerable incumbents raise campaign cash from the powerful and well-heeled auto lobby than in protecting consumers who are being charged more for car loans based on the color of their skin," he said.

http://www.latimes.com/business/lazarus/la-fi-lazarus-senate-repeals-cfpb-auto-loan-rule-20180424-story.html?outputType=amp&__twitter_impression=true

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