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CFPB Makes Move to Support Payday Lenders During Black History Month

NNPA NEWSWIRE — When given the chance at the ballot box, Americans overwhelmingly vote to impose a 36 percent or less rate cap. Today, 16 states and the District of Columbia have these rate caps in place, providing strong protection from payday loan sharks. In remaining states – those without a rate cap – interest rates run as high as 460 percent in California, over 400 percent in Illinois and 662 percent in Texas.

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By Charlene Crowell, Communications Deputy Director with the Center for Responsible Lending and NNPA Newswire Contributor

Each February, Black History Month commemorates the unique American experience of Blacks in America. This year marks the 400th anniversary of the Jamestown, Virginia arrival of captured and shackled Africans.

In the ensuing years, as slavery grew, so did the wealth of those who claimed our forefathers as ‘property’. By April 12-13, 1861, the wealth built on slave labor was forcefully protected with the Battle of Fort Sumter, considered by historians to be the start of the Civil War that lasted until 1865 and the war’s end.

Slavery’s iron shackles that bound women, children and men may be gone. But in today’s America, the iron has been replaced by a different kind of shackle, just as debilitating as iron: predatory debt.

Abundant research has shown that payday and car-title lenders trap people in debilitating debt that can trigger a series of negative consequences: overdraft fees, the loss of a bank account, loss of personal vehicles and even bankruptcy. People struggling to repay these loans have been reported to forego daily living needs or needed medical treatments.

So, it is indeed troubling that in 2019, that under the Trump Administration, the federal agency with a designated mission to provide consumer financial protection took an about-face to protect predatory lenders instead of consumers on February 6. Kathy Kraninger, the Director of the Consumer Financial Protection Bureau (CFPB) announced the agency’s plan to repeal a rule aimed at stopping the payday lending debt trap.

Promulgated by CFPB’s first director during the Obama Administration, the rule requires payday and other small-dollar lenders to make loans only after determining borrowers’ ability-to-repay. That now-suspended rule followed years of public hearings, rulemaking sessions, and research that ultimately found that triple-digit interest rates on loans were virtual debt traps for borrowers. Further, the people targeted for these predatory loans are those who could least afford interest or fees that exceeded the principal borrowed: the poor, the elderly, communities of color, and military veterans.

The Bureau’s Notice of Proposed Rulemaking (NPRM) announced by the CFPB offers a two-part plan. The first is to needlessly delay the effective date of a common-sense consumer protection rule. The second is to rewrite and likely gut the substance of the rule itself. The likely cumulative effect will allow payday and other predatory lenders to continue to ply their wares and continue financially exploiting consumers of color.

Reactions to CFPB’s announcement were as strong as they were plentiful.

“With little accountability for their actions, payday lenders have long preyed upon communities of color and drained them of their hard-earned savings,” noted Hilary O. Shelton, NAACP’s Washington Bureau Director and Senior Vice President for Policy and Advocacy. “Stripping the key protections of this rule is a disservice to the public,” he added.

Similar comments came from other civil rights organizations.

“This decision will put already struggling families in a cycle of debt and leave them in an event worse financial position,” said Vanita Gupta, president and CEO of The Leadership Conference on Civil and Human Rights. “This administration has moved the CFPB away from protecting consumers to protecting the very companies abusing them.”

When given the chance at the ballot box, Americans overwhelmingly vote to impose a 36 percent or less rate cap. Today, 16 states and the District of Columbia have these rate caps in place, providing strong protection from payday loan sharks. In remaining states – those without a rate cap – interest rates run as high as 460 percent in California, over 400 percent in Illinois and 662 percent in Texas.

According to Rebecca Borne, a CRL Senior Policy Counsel, Kraninger’s announcement ignores five years’ worth of input from a broad group of stakeholders: faith leaders, veteran and military organizations, civil rights groups, consumer advocates and consumers across the country.

“But over the past year, payday lenders have spearheaded an in effort with Mick Mulvaney and now Kraninger’s help, to take consumer protections away from financially vulnerable Americans, “said Borne. “We urge Director Kraninger to reconsider, as her current plan will keep families trapped in predatory, unaffordable debt.”

Let us all hope and work for a different kind of emancipation: financial freedom.

Charlene Crowell is the Communications Deputy Director with the Center for Responsible Lending. She can be reached at Charlene.crowell@responsiblelending.org

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Activism

EBMUD Enshrines the Legacy of  its First Black Board Member William ‘Bill’ Patterson 

Patterson, who died in 2025 at the age of 94, was remembered as a tireless advocate, mentor, and public servant whose influence shaped generations across the East Bay.

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William “Bill” Patterson, Jr. Courtesy Peralta College District
William “Bill” Patterson, Jr. Courtesy Peralta College District

By Carla Thomas

On Tuesday, May 12, Oakland honored a towering community figure, William “Bill” Patterson, with the unveiling of a bronze plaque and the renaming of the East Bay Municipal Utility District (EBMUD) boardroom in downtown Oakland.

Board members, family, colleagues, and mentees gathered to reflect on Patterson’s enduring legacy at the meeting.

Patterson, who died in 2025 at the age of 94, was remembered as a tireless advocate, mentor, and public servant whose influence shaped generations across the East Bay.

“This is well deserved,” said Patterson’s cousin, Maria Simon. “He was such a big part of the Oakland community. It’s heartwarming to know he was known by so many people.

“So many credit him with helping them get their first job. It was especially meaningful when he held the Bible for Mayor Barbara Lee’s swearing-in. He truly believed in the goodness of people, in possibilities, and in the power to bring things to fruition.”

Oakland NAACP President Cynthia Adams described Patterson as a father figure. “He took me under his wing,” she said. “This recognition is a very special moment.”

Fellow NAACP member Robert “Bob” Harris echoed that sentiment, recalling Patterson as “a great member of the NAACP and a proud Kappa Alpha Psi man.”

Patterson’s son, William Patterson Jr., reflected on his father’s professional life.

“My father loved his community, and he loved working with EBMUD and spoke highly of his colleagues,” he said, standing alongside cousin Rise Jones Pichon, a former Santa Clara County Superior Court judge.

EBMUD Board President Luz Gómez praised Patterson’s resilience and dedication.

“As his health declined, he would spend half the day in the hospital and still come to our meetings,” she said. “There will never be another like him.”

Activist Cheryl Sudduth highlighted Patterson’s commitment to workforce development and youth empowerment. “He had the vision to bring water careers to students and the next generation,” she said, noting that participants in one of his initiatives received $2,000 stipends.

Sudduth also summed up one of Patterson’s guiding philosophies: “He told me it’s not enough to have a seat at the table. You need to have access to quality resources, the tools to build the table, and the skills to ensure everyone there can contribute. We should be more than a representation; we should reflect determination.”

EBMUD Board Member Andy Katz emphasized the importance of remembrance.

“When you die, you die twice, physically, and then when people stop saying your name,” he said. “By honoring him this way, his name will continue to be spoken for years to come.”

Others in attendance reflected on Patterson’s broad impact.

“It was a joy to watch him accomplish so much,” said EBMUD Board Member Marguerite Young.

Business leader, Delane Sims added that Patterson became a trusted advisor to multiple Oakland mayors.

“We need young people to learn about him so they can become leaders capable of creating meaningful change,” Sims said.

Following public comments, attendees witnessed the unveiling of the bronze plaque in the boardroom foyer, along with signage officially renaming the space in Patterson’s honor.

Born in 1931, Patterson devoted more than seven decades to public service in Oakland and the broader East Bay. Appointed to the EBMUD Board in 1997, he served for 27 years and became its first African American board president. His leadership extended beyond water governance into civil rights, education, and community development.

A three-term president of the Oakland NAACP, Patterson also advised Oakland’s first Black mayor, Lionel Wilson, and played a key role in advancing equity, public health, and environmental justice. He served on the Urban Strategies Council and the Oakland Public Ethics Commission, further shaping public policy.

In 1971, Patterson was a founding director of the Peralta Colleges Foundation, which provides financial assistance and support to students across Berkeley City College, College of Alameda, Laney College, and Merritt College.

In addition, Patterson mentored countless young people through Oakland’s recreation programs, helping guide future leaders and even professional athletes. Though slight in stature, Patterson will always be remembered as a giant of a man.

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Arts and Culture

Against All Odds: Mary Jackson’s Journey to NASA Engineer

Jackson’s life took a significant turn when she was offered the opportunity to work in a wind tunnel, a facility used to test the effects of air moving over aircraft structures. It was here that her passion for engineering truly took flight. However, there was a challenge: to become an engineer, she needed to take advanced courses that were only offered at a segregated high school.

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Mary Jackson. Public domain.
Mary Jackson. Public domain.

By Tamara Shiloh  

When we talk about breaking barriers in science, technology, engineering, and mathematics, the name Mary Jackson deserves a place at the top of the list.

Jackson was born in 1921 in Hampton, Virginia, a place that would later become central to her groundbreaking work. From an early age, she showed a strong aptitude for math and science—subjects that, at the time, were not widely encouraged for African American women. But Jackson was not one to be limited by expectations. She earned degrees in mathematics and physical science from Hampton Institute (now Hampton University), setting the foundation for a career that would change history.

Before joining NASA, Jackson worked as a teacher and later as a research mathematician at the National Advisory Committee for Aeronautics (NACA), the agency that eventually became NASA. Like many African American women of her time, she began her career as a “human computer,” performing complex calculations by hand. It was in this environment that she worked alongside brilliant minds like Katherine Johnson, forming part of a powerful group of African American women whose calculations helped launch America into space.

Jackson’s life took a significant turn when she was offered the opportunity to work in a wind tunnel, a facility used to test the effects of air moving over aircraft structures. It was here that her passion for engineering truly took flight. However, there was a challenge: to become an engineer, she needed to take advanced courses that were only offered at a segregated high school.

Jackson did something truly remarkable. She petitioned the city of Hampton for permission to attend those classes. She didn’t accept “no” as an answer. And she won.

In 1958, Jackson became NASA’s first African American female engineer.

But Jackson’s impact didn’t stop there.

Later in her career, she chose to step away from her engineering position—not because she couldn’t continue, but because she wanted to make a difference. She moved into roles focused on equal opportunity, working to ensure that women and minorities had access to the same opportunities she fought so hard to get.

Jackson’s story gained wider recognition through the book and film Hidden Figures, which highlighted the contributions of African American women at NASA. But long before the spotlight found her, Jackson was doing the work—quietly, persistently, and brilliantly.

Jackson retired from Langley in 1985. Among her many honors were an Apollo Group Achievement Award and being named Langley’s Volunteer of the Year in 1976. She served as the chair of one of the center’s annual United Way campaigns and a member of the National Technical Association (the oldest African American technical organization in the United States).

She and her husband Levi had an open-door policy for young Langley recruits trying to gain their footing in a new town and a new career. A 1976 Langley Researcher profile might have done the best job capturing Mary’s spirit and character, calling her a “gentlelady, wife and mother, humanitarian and scientist.”

For Jackson, science and service went hand in hand.

She died on Feb. 11, 2005, at age 83, at a convalescent home in Hampton, Virginia.

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Alameda County

The Marin City Flea Market Is Back

The Marin City Flea Market returns on May 23, offering arts, crafts, vintage items, and collectibles. The market aims to uplift local vendors and celebrate cultural diversity.

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Customers shopping in Marin City Flea Market. Photo courtesy of marincityflea.org.
Customers shopping in Marin City Flea Market. Photo courtesy of marincityflea.org.

By Godfrey Lee

After a long absence, Marin City will once again hold its flea market. The market will have its grand opening on Saturday, May 23, from 8 a.m. to 2 p.m. at the St. Andrew Presbyterian Church parking lot on 101 Donahue St. It will be held every fourth Saturday of the month

The market will be free to the public

There will be arts, crafts, vintage, collectibles, and other items on sale at the market. Interested vendors can contact info@marincityflea.org or text (415) 484-2984 for more information.

“The Marin City Flea Market’s mission is to uplift local vendors, celebrate cultural diversity, and provide an accessible community space where creativity, entrepreneurship, and connection can thrive,” says their website, marincityflea.org.

The flea market is sponsored and run by the Rotary Club of Marin City.

For more information, contact info@marincityflea.org. Or text to (415) 484-2984

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