Seventy-two percent of Democrats, 70% of Republicans and 67% of independents expressed some level of support for the rate cap. Just 12% of registered voters polled expressed opposition to the rate cap, while 18% said they were either undecided or didn’t have an opinion about the measure. Even so, Republican lawmakers have resisted efforts to impose strict limits on high-interest loans, all but dooming the bill in the GOP-held Senate and to the contrary continue to weaken the Consumer Financial Protection Bureau.
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