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Investigations You Need to Read: Thursday

Word is that the health care bill isn't dropping until Friday. So in the meantime, check out these accountability headlines:

  • Payday lenders, with an aggressive lobbying presence in Washington, attack critics and weaken financial reform efforts, according to Talking Points Memo.
  • Also in lobbying ... This year, the U.S. Chamber of Commerce gears up to target Democrats in midterm elections. It plans to spend at least $50 million in what it's calling "the most aggressive voter-education and issue-advocacy effort in our nearly hundred-year history," according to The Washington Post.
  • A report shows coal-fired power plants are still spewing highly toxic mercury, according to  McClatchy. Mercury emissions are up at more than half of the country's largest coal-fired power plants.
  • Records show insurance giant WellPoint fell short of fulfilling a pledge to spend $30 million to help the uninsured, reports the Los Angeles Times. The company argues it did--through a "complicated reporting process."

These stories are part of our ongoing roundup of investigations from other news outlets. For more, visit our Investigations Elsewhere page.

There are two sides to the story on the payday lending debate, even if Marian Wang doesn’t know that. The fact is that payday lending provides credit for people who otherwise would not get it. Here’s a Federal Reserve study showing how people are hurt when payday lending is abolished: http://www.newyorkfed.org/research/staff_reports/sr309.html

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