(Video) Payday Lenders Are Cashing In Under President Donald Trump


MSNBC's Ari Melber explains how the Trump administration sided with payday lenders and hung consumers out to dry.

The payday lending industry hosted its annual convention at President Donald Trump’s Doral golf resort in Florida this year, and the group had good reason to celebrate at a Trump property: the month before, his administration handed them a fabulous gift.

MSNBC’s Ari Melber explains how under the Trump administration, the Consumer Financial Protection Bureau withdrew protections that were put in place under former President Barack Obama, leaving vulnerable Americans as easy prey.



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