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Within the a Senate Committee on the Financial, Housing, and you may Urban Activities reading, Senator Jack Reed off Rhode urban area questioned this new Chief executive officers of prominent U.S. Finance institutions regarding their help of an effective thirty-six% limitation on the rates of interest to your consumer financing. The new lineup regarding finance institutions included Wells Fargo, JPMorgan Chase, Goldman Sachs, Citigroup, and you will Lender away from America.
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