Supreme Court Case Exposes Rightwing Activist's Support for Predatory Payday Lenders
Rightwing activist Leonard Leo has been accused of funding a network of groups involved in a crucial US Supreme Court case that could weaken the federal government's ability to hold corporations accountable. The case, Consumer Financial Protection Bureau v Community Financial Services Association of America, involves payday lenders and could have broader implications for consumer protection regulations. Leo, who played a significant role in the appointment of conservative Supreme Court justices, has allegedly invested over $9 million in groups supporting the payday lenders. Critics argue that Leo's involvement could undermine the federal administrative state and benefit predatory lenders at the expense of American consumers.
