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Debbie Wasserman Schultz attacked for bank contributions and place on pay day loan bill

Debbie Wasserman Schultz attacked for bank contributions and place on pay day loan bill

A legislation teacher operating against U.S. Rep. Debbie Wasserman Schultz of Southern Florida claims she actually is into the pocket of big banking institutions and it isn’t taking care of consumers whom have crushed by financial obligation from pay day loans.

“My opponent, after taking thousands and thousands of bucks from Goldman Sachs along with other Wall Street banking institutions, has voted to avoid the customer Financial Protection Bureau (CFTP) from managing pay day loans and addressing discrimination that is racial car and truck loans,” said Tim Canova on their web site.

Canova, a candidate that is first-time teacher at Nova Southeastern University, is challenging Wasserman Schultz when you look at the August Democratic primary in a Broward/Miami-Dade region. The competition has drawn nationwide attention because Wasserman Schultz may be the Democratic nationwide Committee seat.

Did Canova accurately describe her donations from banking institutions and her votes pertaining to pay day loans and auto loans?

There was some truth to their assault, but every one requires description.

Contributions from Wall Street banking institutions

Canova’s campaign pointed to contributions from banking institutions, securities/investment organizations and finance/credit businesses to Wasserman Schultz’s campaign committee and her political action committee, or PAC.

The Center for Responsive Politics compiled the large individual donations (more than $200) and donations to her PAC starting with her 2006 election at PolitiFact Florida’s request. Continue reading Debbie Wasserman Schultz attacked for bank contributions and place on pay day loan bill