We've often highlighted how federal and state regulators who target short-term lenders only end up hurting…
CFIF on Twitter CFIF on YouTube
Federal Regulators Again Target Short-Term Lending, Hurting Struggling Americans They Claim to Help

We've often highlighted how federal and state regulators who target short-term lenders only end up hurting the struggling Americans they claim to be helping.

That dynamic is even more pronounced in times of increasing economic uncertainty like today.

According to a 2018 study from the federal government itself, nearly 40% of American families don’t possess sufficient savings to cover even a $400 emergency expense, including 51% of military service members living paycheck-to-paycheck.   For such people, credit cards aren’t always a viable option and traditional bank loans aren't feasible because of the small amounts involved.

They can, however, access desperately-needed money for the short-term via consumer finance loans.   Unfortunately, the Biden Administration, the Pelosi…[more]

July 05, 2022 • 07:23 PM

Liberty Update

CFIFs latest news, commentary and alerts delivered to your inbox.
Biden Caves to Unions Again, Sabotaging Consumers
By Betsy McCaughey
Wednesday, October 20 2021
From Christmas toys to clothing and auto parts, shortages of imported products are forcing factories to idle, store shelves to sit empty and consumers to panic. What else is in short supply? The truth about what's causing this economic crisis. President Joe Biden, who brags about running "the most pro-union administration in history," won't admit that longshoremen's unions are holding the nation hostage, refusing to allow the use of automated equipment to unload container ships and get the goods onto trucks faster.  The U.S. is the world's largest importer, but its major ports…
 
Christopher Steele Speaks
The disgraced former British spy Christopher Steele has kept a low profile in recent years. Understandably…
Read more...
The Biden White House Will Pay for Playing Inflation Games
White House Chief of Staff Ron Klain recently endorsed the idea that inflation and supply-chain struggles…
Read more...
 
Biden Drives Public Trust in Government to Record Lows
Less than one year into his tenure, Joe Biden has already demonstrated a masterful reverse-Midas touch…
Read more...
Is America Becoming Rome Versus Byzantium?
In A.D. 286 the Roman emperor Diocletian split in half the huge Roman Empire administratively – and…
Read more...
 
Dems' Attack On Smart Kids
Parents whose kids excel in school need to be on guard. Leftist school administrators across the country – not…
Read more...
Was Jan. 6 An 'Armed Insurrection'?
It has become common in some circles to call the Jan. 6 Capitol riot an "armed insurrection."…
Read more...
 
America and 'The Dying Citizen'
Only a little more than half of the current world's 7 billion people are citizens of fully consensual…
Read more...
Government Broadband Is Government Cheese
"Government Cheese" is free cheese of suspicious quality produced for those on the dole. …
Read more...
 
The Dirt on Dems' Reconciliation Bill
Democrats are quarreling over the price tag of their Build Back Better bill, but the real problem is…
Read more...
Kyrsten Sinema Under Attack
Remember the media cheers for Sen. John McCain when he stopped the effort to repeal Obamacare? McCain…
Read more...
Quiz Question   
What percentage of U.S. Supreme Court decisions in the just-completed 2021-2022 term were decided unanimously?
More Questions
Notable Quote   
 
"The U.S. Supreme Court has made clear that the Second Amendment guarantees law-abiding citizens the right to keep and bear arms for self-defense, both in their homes and in public. On Friday, New York responded that it didn't care.New York Gov. Kathy Hochul ushered in the long Independence Day weekend on Friday by signing into law legislation crafted in response to the Supreme Court's recent decision…[more]
 
 
—Margot Cleveland, Senior Legal Correspondent at The Federalist
— Margot Cleveland, Senior Legal Correspondent at The Federalist
 
Liberty Poll   

How are record-high gas prices and other increasing costs affecting your Independence Day travel plans?