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States used to protect consumers from predatory lenders, but strong state usury laws were obliterated by a 1978 U.S. Supreme Court decision.

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Bernie Sanders

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The Senate voted 59 to 39 in favor of an amendment I offered to the Budget Resolution calling on the Fed to tell the American people who they loaned $2.2 trillion to and how much each bank received.

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The Federal Reserve has the responsibility to protect the credit rights of consumers.

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April 23, 2024

The Federal Reserve has the responsibility to protect the credit rights of consumers.

Previous

April 23, 2024

The Senate voted 59 to 39 in favor of an amendment I offered to the Budget Resolution calling on the Fed to tell the American people who they loaned $2.2 trillion to and how much each bank received.

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