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Home » Store » Taxable » Feud May Derail FTC’s Predatory Lending Efforts

Feud May Derail FTC’s Predatory Lending Efforts

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A key lawmaker’s pique at the Federal Trade Commission could hurt the agency’s ability to bring new lawsuits against abusive mortgage lenders. The issue surfaced last week, when press reports suggested that Senate Appropriations Committee Chairman Ernest Hollings, D-SC, was considering the elimination of the salaries of the FTC’s top officials – including its commissioners - and senior staff. Ironically, Hollings has long been a supporter of consumer
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