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Trump Administration Payday Lending Regulations 2019-2021

The Trump administration's changes to payday lending regulations, including the rollback of the ability-to-repay rule and the introduction of the 'true lender' rule, and their subsequent repeal by Congress.

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Jan 17, 2026

Did payday loan regulations did trump roll back?

Yes — the Trump administration dismantled or delayed multiple federal consumer protections for payday and small-dollar lending: the Consumer Financial Protection Bureau under Trump rolled back an Obam...