Cash advance pitchman Montel Williams to complete Obama jobs occasion

Cash advance pitchman Montel Williams to complete Obama jobs occasion

President Obama frequently rails contrary to the high-interest loans industry — but that did not stop cash advance pitchman Montel Williams from being tapped to headline a meeting for any president’s jobs council event next Wednesday in Atlanta.

That is the style of loan provider Obama had been focusing on as he installed deep Cordray as manager associated with the brand brand new Consumer Financial Protection Bureau in a recess appointment that is controversial.

“If you’re a mortgage company or a credit card issuer, the times of signing people up for items they can’t afford with confusing kinds and deceptive methods are over,” the president explained inside the State for the Union target.

The organization and its particular attorney declined to respond for comment.

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

Intel spokeswoman Lisa Malloy said the ongoing business picked Williams to guide the conversation as a result of their history being a U.S. Naval Academy-trained engineer.

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

“He therefore does not have any issues about being linked to the management into the context of the essential event.”

And pay day loans aren’t really the only odd combination of Williams, Obama and cash: The Portland, Oregon television place KATU reported last year that Williams ended up being hawking collectible Obama coins that have been actually 50-cent pieces with stickers on it.

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