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The WasteWatcher

Caps on Consumer Loans Hurt More Than They Help

H.R. 5050, the Veterans and Consumers Fair Credit Act, would extend the 36 percent usury annual percentage rate (APR) cap under the 2006 Military Lending Act (MLA) to all consumers, stifling credit access for those that need it most.

Peter Klensch February 5, 2020
The WasteWatcher

President Trump Retreats on Chinese Tariffs

Almost every economist says Trump's tarrifs are not good for the economy.

Allen Johnson August 14, 2019

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