Reps in govt are moving to cap lending interest rates at 10% 🙄 fucking idiots. All this is going to do is eliminate all lending options to anyone who has a credit score under 800 because banks take a significant risk when lending money out even at higher interest rates considering the chance of defaults are really high. Being capped , they have absolutely no interest in lending to anyone besides older individuals with an A+ financial record. If you thought it was difficult to own anything now, it'll be impossible if this goes through. The only silver lining would be this is great for Bitcoin.

Compared to the fed the regular banks are honorable and don't deserve to be fucked with for the feds fuck ups.