Debbie Wasserman Schultz's 2016 reversal on payday lending regulations, following pressure regarding industry donations and a primary challenge, was criticized as a desperate attempt to salvage her standing. Despite abandoning her support for a bill that would have weakened federal oversight, the move did not prevent significant scrutiny of her ties to the industry and subsequent leadership challenges. Read the full analysis at Observer . Wasserman Shultz "Flip Flops" On Payday Loans - CBS News