Political Quotes

Jack Reed: “Our legislation would very simply extend the existing Military Lending Act's 36 percent annual percentage rate cap to…”

On the recordAugust 2, 2021
Our legislation would very simply extend the existing Military Lending Act's 36 percent annual percentage rate cap to all consumers.
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Reed discusses legislation aimed at protecting consumers from high-interest loans.

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