,,ii  #aaith ,,congress  #b;d ,session  
,s4 #cgba  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,january #bi1  
#bjbf,mr4 ,whitehouse 7for himself1 ,ms4
 ,warren1 ,mr4 ,reed1 and ,mr4 ,merkley7
 introduced the following bill2 which   
was read twice and referred to the      
,committee on ,banking1 ,housing1 and   
,urban ,affairs  ,a ,,bill  ,to amend   
the ,truth in ,lending ,act to empower  
the ,states to set the maximum annual   
percentage rates applicable to consumer 
credit transactions1 and for other      
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,empowering ,states'
 ,rights ,to ,protect ,consumers ,act of
 #bjbf4  #b4 ,limits on annual          
percentage rates  7a7 ,in general       
,chapter #b of the ,truth in ,lending   
,act 7#ae ,u4,s4,c4 #afca et seq47 is   
amended by adding at the end the        
following3  #adj;,b4 ,limits on annual  
percentage rates ,notwithstanding any   
other provision of law1 the annual      
percentage rate applicable to any       

consumer credit transaction 7other than 
a residential mortgage transaction71    
including any fees associated with such 
a transaction1 may not exceed the       
maximum rate permitted by the laws of   
the ,state in which the consumer        
resides4  4  7b7 ,technical and         
conforming amendment ,the table of      
contents for chapter #b of the ,truth in
 ,lending ,act is amended by adding at  
the end the following3  #adj;,b4 ,limits
 on annual percentage rates4  4