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Trump management signals changes that are major tribal financing industry

Indian Country advocates are cheering the Trump management for dropping a situation that targeted the lending industry that is tribal.

The Consumer Financial Protection Bureau withdrew a lawsuit against lending companies owned by the Habematolel Pomo of Upper Lake with little fanfare. All of that has been filed in federal court on Thursday had been a one-sentence brief.

Nevertheless the quick document tips of major modifications for tribal loan providers. President Donald Trump currently promised to use the agency in a brand new way and tribes look at dismissal as an indication of progress.

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