March 26, 2015 7:30 pm Obama Proposes New Rules For Payday Lenders President Obama has proposed new rules to regulate payday loan lenders, which many experts say allows consumers to spiral into debt. Gordon Tokumatsu reports for the NBC4 News at 5 p.m. on March 26, 2015. US & World Videos 2:53 Fire hydrants stolen in LA County 2:31 Hundreds of pounds of meth found in Airbnb home 3:03 Pro-Palestinian encampment set up at LA City Hall 3:41 Caltrans didn't do enough to prevent 10 Freeway fire, report says 2:28 Long lines and voter frustration at Mexican consulates