Cap interest rates and close predatory-lending loopholes

Haynes says he will fight in Congress to cap interest rates nationally and close loopholes that let predatory lenders exploit vulnerable borrowers. He also supports strengthening consumer protections and enforcing fair lending laws as part of his economic-security agenda, which he says should be a public good rather than a privilege reserved for those with generational wealth.

Context: He does not specify the rate cap or how the loopholes would be closed.

In their own words

Cap interest rates nationally and close loopholes that allow predatory lenders to - exploit vulnerable borrowers.

The source

Economic priorities

Published: Original date not established; campaign context manually checked
Retrieved: 11/10/2026