More

Lobbyist defends a bank that went after a family after their mom died, gets a time-out from senator

When you file for bankruptcy, you can often get debt forgiven or restructured. But if you have student loans, some nice lobbyists have made sure they are not part of that deal. A mom with $100k in student loan debt died, and her children went into the care of their grandparents, who were then saddled with their dead child's debt and had no way to get the debt forgiven. Sen. Elizabeth Warren decided to ask one of the top lobbyists who run a consumer bank lobbying organization (for the banks, not the consumers) how and when he's going to fix that. It didn't go well for the banker. Especially at 5:20.

Lobbyist defends a bank that went after a family after their mom died, gets a time-out from senator
via CNN / Twitter

Eviction seemed imminent for Dasha Kelly, 32, and her three young daughters Sharron, 8; Kia, 6; and Imani, 5, on Monday. The eviction moratorium expired over the weekend and it looked like there was no way for them to avoid becoming homeless.

The former Las Vegas card dealer lost her job due to casino closures during the pandemic and needed $2,000 to cover her back rent. The mother of three couldn't bear the thought of being put out of her apartment with three children in the scorching Nevada desert.

"I had no idea what we were going to do," Kelly said, according to KOAT.

Keep Reading Show less