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Gutierrez Flips, Will Reject Money From Payday Lenders

First Posted: 8/3/09 Updated: 5/25/11

Gutierrez
Rep. Luis V. Gutierrez, D-Ill., presides over the Subcommittee on Financial Institutions and Consumer Credit, Thursday, April 2, 2009, on Capitol Hill in Washington. (AP Photo/Haraz N. Ghanbari)

Chicago Public Radio:

Rep. Luis Gutiérrez (D-Chicago) is taking some heat for accepting campaign contributions from payday lenders. That's because he's playing a leading role in efforts to regulate the loans. A statement from Gutiérrez to WBEZ this week says he'll quit taking those donations.

Read the whole story: Chicago Public Radio

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Filed by Ben Goldberger  |