'I am absolutely mystified': Peter Welch shames Trump admin pulling back protections, enabling predatory 'buy now, pay later' loans

MSN
2026.05.15 21:33

From the Senate floor on May 13, 2026, Senator Peter Welch (D-VT) called out the Trump administration for rescinding a CFPB rule that offers protections to consumers from predatory buy now, pay later (BNPL) loans.