On the recordSeptember 14, 2006
With my support, the Senate approved an amendment to the Fiscal Year 2007 defense authorization sponsored by Senator Jim Talent to enact a 36 percent annual interest rate cap on abusive loans to service members.
With my support, the Senate approved an amendment to the Fiscal Year 2007 defense authorization sponsored by Senator Jim Talent to enact a 36 percent annual interest rate cap on abusive loans to service members.
Senator Schumer discusses legislative efforts to cap interest rates on loans to service members.
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