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Gutierrez Flips, Will Reject Money From Payday Lenders

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First Posted: 07- 3-09 05:27 PM   |   Updated: 07- 3-09 05:35 PM

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Read More: Gutierrez Campaign Contributions, Gutierrez Payday Lending, Luis Gutierrez, Chicago News
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

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 ...
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 ...
Filed by Ben Goldberger  |  Report Corrections
 
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- Cogs I'm a Fan of Cogs 24 fans permalink

Too late, Luis. The damage has been done.

    Favorite    Flag as abusive Posted 11:11 AM on 07/06/2009
- cnobody I'm a Fan of cnobody 8 fans permalink

how is reducing the interest rate to 391% any kind of reform? how about getting it out of triple digits? how are these people any different than loan sharks? ridiculous. but to the point, if he's taking money from the very people he claims to be "taking on" then there's a definite disconnect there. i wish he would spend less time looking out for the illegal immigrants in his district and spend more time looking out for the actual citizens who live there.

    Favorite    Flag as abusive Posted 02:23 PM on 07/04/2009
- Bude I'm a Fan of Bude 162 fans permalink
photo

You're right, he has flipped.

    Favorite    Flag as abusive Posted 08:47 AM on 07/04/2009
- MovingtoNorway I'm a Fan of MovingtoNorway 16 fans permalink

Low life representative of the poor people

    Favorite    Flag as abusive Posted 09:21 PM on 07/03/2009
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