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It was no surprise when Mick Mulvaney’s new and improved “no-budget” Consumer Financial Protection Bureau announced it was ending its investigation into installment-loan lender World Acceptance Corporation on Monday. Mulvaney and the Trump administration are known to be friendly to the payday loan industry, and World is no exception. Based in Mulvaney’s home state of South Carolina, the company made multiple donations to Mulvaney’s congressional campaigns, going back to 2013.
Sure, that’s not sketchy.
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