Payday Lenders at Doral and the CFPB Rule Reversal

Evidence chronology

1. promise2016-10-17documented

   Trump campaigned on reducing special-interest influence in Washington.

   • Roll Call Factbase: Donald Trump Vlog: Self Funding2016-01-27 · Full transcript; statement that the campaign was totally self-funded
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2. action2019-03-31reported

   The payday-lending industry held a conference at Trump National Doral while the CFPB was reconsidering its underwriting rule.

   • Citizens for Responsibility and Ethics in Washington: Special interest groups likely spent more than $13 million at Trump properties2020-10-30 · Payday-lender conference and CFPB rule chronology; express causation limitation
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3. outcome2020-07-22documented

   The CFPB finalized a rule revoking the mandatory underwriting provisions of the 2017 payday rule.

   • Consumer Financial Protection Bureau: Payday, Vehicle Title, and Certain High-Cost Installment Loans: Revocation Rule2020-07-22 · Revoked mandatory underwriting provisions and effective date
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4. limitation2020-10-30reported

   The watchdog source expressly treated the sequence as evidence of a conflict risk rather than proof that the conference caused the rule.

   • Citizens for Responsibility and Ethics in Washington: Special interest groups likely spent more than $13 million at Trump properties2020-10-30 · Payday-lender conference and CFPB rule chronology; express causation limitation
   Open underlying ledger entry

Responses, legal status, contrary evidence, and limitations

• limitation

  The watchdog source expressly treated the sequence as evidence of a conflict risk rather than proof that the conference caused the rule.