We've often highlighted how federal and state regulators who target short-term lenders only end up hurting…
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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

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Home Press Room CFIF Applauds Announcement of Support for T-Mobile/Sprint Merger by FCC Chairman Ajit Pai and Commissioner Brendan Carr
CFIF Applauds Announcement of Support for T-Mobile/Sprint Merger by FCC Chairman Ajit Pai and Commissioner Brendan Carr Print
Monday, May 20 2019

ALEXANDRIA, VA - Today, Federal Communications Commission (FCC) Chairman Ajit Pai announced his intention to recommend that the agency green-light the proposed T-Mobile/Sprint merger.  Commissioner Brendan Carr similarly announced his support for the transaction.  In response, Jeffrey Mazzella, President of the Center for Individual Freedom (CFIF), issued the following statement: 

"Today's announcement constitutes a significant step forward for U.S. telecommunications policy, and CFIF applauds the wisdom and leadership demonstrated by Chairman Pai and Commissioner Carr.  We at CFIF have consistently emphasized that the transaction would immediately and enormously benefit the American economy and consumers via faster 5G transition, rural broadband acceleration, more jobs, greater private investment in telecommunications, increased market competition, broader nationwide coverage, capacity improvements, performance improvements and lower prices.  We accordingly urge the FCC and Department of Justice to complete their respective reviews and approve the merger without delay."

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