Debbie Wasserman Schultz attacked for bank contributions and place on cash advance bill

Debbie Wasserman Schultz attacked for bank contributions and place on cash advance bill

A legislation teacher operating against U.S. Rep. Debbie Wasserman Schultz of Southern Florida claims she actually is when you look at the pocket of big banking institutions and it isn’t taking care of consumers whom get crushed by financial obligation from pay day loans.

“My opponent, after using hundreds of thousands of bucks from Goldman Sachs as well as other Wall Street banking institutions, has voted to avoid the buyer Financial Protection Bureau (CFTP) from managing pay day loans and handling discrimination that is racial auto loans,” stated Tim Canova on their internet site.

Canova, a first-time prospect and teacher at Nova Southeastern University, is challenging Wasserman Schultz into the August Democratic primary in a Broward/Miami-Dade region. The battle has drawn attention that is national Wasserman Schultz may be the Democratic nationwide Committee seat.

Did Canova accurately describe her donations from banking institutions and her votes pertaining to payday advances and auto loans?

There was some truth to their assault, but every one calls for description.

Contributions from Wall Street banking institutions

Canova’s campaign pointed to contributions from banking institutions, securities/investment organizations and finance/credit businesses to Wasserman Schultz’s campaign committee and her governmental action committee, or PAC.

At PolitiFact Florida’s demand, the middle for Responsive Politics compiled the big specific contributions (significantly more than $200) and contributions to her PAC starting together with her 2006 election. Continue reading