November 8, 2011
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10:51Now PlayingIt's time to stop Wall Street banks and their credit card subsidiaries from taking advantage of struggling families in Rhode Island and across the nation. That's why Sheldon introduced "The Empowering States' Rights to Protect Consumers Act."
Prior to 1978, each state had the ability to enforce interest rate limits to protect its citizens. This legislation would restore historic, long-standing states' rights to protect consumers from high interest rates.
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