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Yoder Campaign Cash from Payday Loan Industry Under Scrutiny

(Photo credit: flickr/andrewbain)

KANSAS CITY, Mo. (AP) — Contributions from payday lenders are generating attention in a Kansas congressional race amid campaign records showing that incumbent Representative Kevin Yoder is a major beneficiary. The Kansas City Star reports that the Center for Responsive Politics found that Yoder has taken nearly $250,000 in donations from people and groups associated with the industry during his career. That's more than any other member of the House or Senate. The payday loan contributions include $48,200 for his race this year against Democrat challenger Jay Sidie, who has no record of accepting such donations. Democrats say Yoder has worked to weaken industry oversight. Yoder said in a recent interview with The Associated Press that across the board, he favors less federal regulation of financial services businesses in favor of state oversight.

link to flickr photo/attribution: flickr/andrewbain

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