The Trump administration is planning to suspend examinations of lenders for violations of the Military Lending Act, which protects military service members and their families from financial fraud, predatory loans and credit card gouging.

This action by @realDonaldTrump Administration will harm military members & families. Last decade there was so much predatory lending targeted at the military that the @DeptofDefense issued a report stating it harms military readiness, affects security clearances & hurts morale. https://t.co/u59d3jku1T

— Ted Lieu (@tedlieu) August 12, 2018