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Governor Dunleavy vetoes SB 39, which would have capped interest rates on consumer loans
Gov. Mike Dunleavy has vetoed Senate Bill 39, halting legislation that would have imposed a strict 36% all-in interest rate cap on consumer loans in Alaska. The measure, sponsored by Anchorage Democrat Sen. Forrest Dunbar, aimed to restrict what Dunbar described as predatory lending practices. Critics warned it would have unintended consequences for financially vulnerable […] The post Governor Dunleavy vetoes SB 39, which would have capped inter…
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Leaning Left0Leaning Right2Center0Last UpdatedBias Distribution100% Right
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100% Right
R 100%
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