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Kansas City, MO: Field Hearing on Small Dollar Loans 6/2/2016 (Part 2)
Transcript available for download: http://files.consumerfinance.gov/f/20160602_CFPB_Field_Hearing_on_Small_Dollar_Lending.zip.
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In 1935, the Social Security Act was passed by Congress and marked the beginning of an unemployment insurance benefit program throughout the United States. The intent of the act was to provide an economic safety net for people when they lost their jobs while also stabilizing the economy.