Capping overdraft fees won’t help struggling families, it will cut off their last line of credit.
Tag: Economic Policy
For exceptional achievement in ignoring market realities and promoting policies that backfire spectacularly.
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‘Black Market Payday’ Makes Headlines: Unlicensed Lending by Tara Jaramillo
Price controls like New Mexico’s 36% APR cap have driven vulnerable workers into the hands of unlicensed lenders.
The coalition urges the CFTC to cut red tape on prediction markets and embrace permissionless innovation.