Bill would curb oversight of payday loans

A passer-by looks at the business hours of a check-cashing store in the Hell's Kitchen neighborhood of Manhattan in New York City. A bill in the House would exempt such outlets, as well as pawnshops and payday-lending places from oversight by a new federal consumer finance watchdog agency. (Associated Press)

A passer-by looks at the business hours of a check-cashing store in the Hell's Kitchen neighborhood of Manhattan in New York City. A bill in the House would exempt such outlets, as well as pawnshops and payday-lending places from oversight by a new federal consumer finance watchdog agency. (Associated Press)

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