Cash advance pitchman Montel Williams to accomplish Obama jobs occasion

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

That is the variety of loan provider Obama was targeting as he installed deep Cordray as manager associated with brand brand new customer Financial Protection Bureau in a controversial recess visit.

“If you’re a mortgage company or a credit bank, the times of signing people up for services and products they can’t pay for with confusing kinds and misleading methods are over,” the president explained in their State associated with Union target.

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

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 advertise engineering training.

Intel spokeswoman Lisa Malloy stated the business picked Williams to lead the discussion due to their history as a U.S. Naval Academy-trained engineer.

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

“He therefore doesn’t have issues about being linked to the management in the context of the important occasion.”

And pay day loans aren’t the only real conjunction that is odd of, Obama and money: The Portland, Oregon television place KATU reported during 2009 that Williams had been hawking collectible Obama coins that have been really 50-cent pieces with stickers to them.

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