Those who followed our "Showdown In Chicago" coverage will be happy to know that the Decatur Rev. Robert Bushey -- whom we interviewed here -- hasn't stopped agitating for financial reform. As a representative of National Peoples' Action, Bushey will meet with Federal Reserve Chairman Ben Bernanke today and call on him to "take a hard line" against Bank of America and Wells Fargo for taking federal bailout money only to turn around and finance the predatory practices of the payday loan industry.
“Payday lending is stripping wealth from already wealth-starved communities. This is bad for families, communities, and the entire economy,” Bushey said in a pre-meeting statement. "The lack of action by the Fed thus far is exactly why we need an independent consumer protection agency that covers the breadth of financial products, including payday lending.”
Curtis Black has more on NPA's D.C. campaign over at Newstips.
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