Veterans and Consumers Fair Credit Act
USA117th CongressS-2508| Senate
| Updated: 9/13/2022
Jack Reed
Democratic Senator
Rhode Island
Cosponsors (14)
Dianne Feinstein (Democratic)Patrick J. Leahy (Democratic)Ben Ray Luján (Democratic)Sheldon Whitehouse (Democratic)Chris Van Hollen (Democratic)Debbie Stabenow (Democratic)Tina Smith (Democratic)Sherrod Brown (Democratic)Brian Schatz (Democratic)Cory A. Booker (Democratic)Jeff Merkley (Democratic)Raphael G. Warnock (Democratic)Ron Wyden (Democratic)Richard Blumenthal (Democratic)
Housing, Transportation, and Community Development Subcommittee, Banking, Housing, and Urban Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Veterans and Consumers Fair Credit Act This bill applies certain military consumer credit protections to all consumers. Specifically, the bill caps the interest rate on extensions of consumer credit at 36%.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S5143)
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held.
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Finance and Financial Sector
Administrative law and regulatory proceduresBanking and financial institutions regulationCivil actions and liabilityCongressional oversightConsumer affairsConsumer creditConsumer Financial Protection BureauDepartment of DefenseFinancial services and investmentsGovernment information and archivesInterest, dividends, interest ratesMilitary personnel and dependentsState and local government operations
Veterans and Consumers Fair Credit Act
USA117th CongressS-2508| Senate
| Updated: 9/13/2022
Veterans and Consumers Fair Credit Act This bill applies certain military consumer credit protections to all consumers. Specifically, the bill caps the interest rate on extensions of consumer credit at 36%.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S5143)
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held.
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Jack Reed
Democratic Senator
Rhode Island
Cosponsors (14)
Dianne Feinstein (Democratic)Patrick J. Leahy (Democratic)Ben Ray Luján (Democratic)Sheldon Whitehouse (Democratic)Chris Van Hollen (Democratic)Debbie Stabenow (Democratic)Tina Smith (Democratic)Sherrod Brown (Democratic)Brian Schatz (Democratic)Cory A. Booker (Democratic)Jeff Merkley (Democratic)Raphael G. Warnock (Democratic)Ron Wyden (Democratic)Richard Blumenthal (Democratic)
Housing, Transportation, and Community Development Subcommittee, Banking, Housing, and Urban Affairs Committee
Finance and Financial Sector
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Administrative law and regulatory proceduresBanking and financial institutions regulationCivil actions and liabilityCongressional oversightConsumer affairsConsumer creditConsumer Financial Protection BureauDepartment of DefenseFinancial services and investmentsGovernment information and archivesInterest, dividends, interest ratesMilitary personnel and dependentsState and local government operations