Columnists Opinion

Trump’s minion prepares to gut consumer watchdog

“Personnel is policy,” says Gary Cohn, the former president of Goldman Sachs recently named to head President Donald Trump’s National Economic Council. He got that right, and every working family should shudder that Trump — after railing against the corruptions of Goldman Sachs and other big banks in the campaign — has put six former Read More…

Culver City Edition Lead Story Northeast Edition West Edition

Payday loan outlets have their defenders

LOS ANGELES — Residents of L.A’s less-affluent neighborhoods may encounter fewer payday lenders in local strip malls pending the outcome of a federal rule proposed in July by the Consumer Financial Protection Bureau (CFPB). CFPB’s small business advisory review panel and loan industry officials expect the tighter operating requirements on the industry would lead to Read More…