Cash advance pitchman Montel Williams to complete Obama jobs occasion

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Cash advance pitchman Montel Williams to complete Obama jobs occasion

President Obama frequently rails from the high-interest loans industry — but that did not stop loan that is payday Montel Williams from being tapped to headline a meeting when it comes to president’s jobs council event next Wednesday in Atlanta.

This is the sorts of loan provider Obama ended up being targeting as he installed deep Cordray as manager of this brand brand brand new customer Financial Protection Bureau inside a controversial recess visit.

“If you’re a mortgage company or a credit card issuer, the occasions of signing people up for items they can’t pay for with confusing kinds and misleading practices are over,” the president explained in their State associated with Union target.

The business and its own attorney declined to respond for remark.

Williams won’t be telling pupils at Georgia Tech next about how to snag a $1,000 loan overnight wednesday. He will be moderating a panel with Intel CEO Paul Otellini and NASA Administrator Charles Bolden to promote engineering training.

Intel spokeswoman Lisa Malloy stated the business picked Williams to lead the conversation due to their back ground as being a U.S. Naval Academy-trained engineer.

Williams is “enthusiastic about participating in a working jobs panel that ensures the continuing future of our country,” stated his spokesman Jonathan Franks.

“He therefore doesn’t have concerns about being from the management into the context with this crucial occasion.”

And pay day loans aren’t the actual only real conjunction that is odd of, Obama and money: The Portland, Oregon television section KATU reported last year that Williams had been hawking collectible Obama coins which were really 50-cent pieces with stickers to them.

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