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Home / Capitol Insiders / Payday lenders face extinction following Senate vote (access required)

Payday lenders face extinction following Senate vote (access required)

A Senate committee dealt the payday loan industry what might be a fatal blow, rejecting a bill to save the short-term lenders and finishing the job voters started in 2008.

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Sen. Jeff Flake, R-Ariz., left and Sen. John McCain, R-Ariz. (AP Photo/The Arizona Republic, Tom Tingle)

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On the day of President Donald Trump’s visit to Phoenix, the latest poll delivered grim news to U.S. Sen. Jeff Flake, one of the president’s most vocal critics within his party.