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Column: Lawmakers are fighting efforts to rein in lending that is predatory. Why?

A handful of Democratic lawmakers have joined Republicans in trying to cripple the Consumer Financial Protection Bureau in a bizarre display of bipartisan cooperation.

The real question is: Why?

Such as, Florida Rep. Debbie Wasserman Schultz, whom additionally functions as chairwoman regarding the Democratic National Committee, is co-sponsoring the deceptively titled Consumer Protection and Selection Act, which may undermine the watchdog agency’s pending efforts to rein in lending that is predatory.