• Did Freedom Win? No
  • Voted for Freedom 47
  • Voted Against Freedom 52
The OCC’s 2020 True Lender Rule sought to provide regulatory certainty to banks and third-party processors on who is the “true lender” when issuing short-term loans and to support the availability of responsible credit for people who need it most. The Federal Reserve estimates that 76 million Americans only make enough to cover monthly expenses and cannot save for contingencies.

Short-term loans are a lifeline to millions of families across our country. By repealing the True Lender rule, Congress would be restricting access to quality credit and incentivizing families to turn to more expensive or harmful options such as bank overdrafts, late fees, or borrowing against their car or home.

It is challenging for individuals who don’t have great credit to get a loan from a national bank. Nearly 30% of hardworking Americans are unbanked or underbanked, and consumers with credit scores under 680 are rejected for loans from banks at four times the rate as those with scores above 680.

These loans have been a much-needed resource to underserved communities, and by repealing this rule, Congress would only be hurting the same communities they claim to protect. I urge you to support a free relationship between borrowers and lenders and to oppose the repeal of the True Lender Rule.

Legislator's Votes

Voted for Freedom

John Barrasso

Senator WY

John Barrasso

  • Voted for Freedom? Yes
Roy Blunt

Senator MO

Roy Blunt

  • Voted for Freedom? Yes
John Boozman

Senator AR

John Boozman

  • Voted for Freedom? Yes
Mike Braun

Senator IN

Mike Braun

  • Voted for Freedom? Yes
Richard Burr

Senator NC

Richard Burr

  • Voted for Freedom? Yes
Shelley Capito

Senator WV

Shelley Capito

  • Voted for Freedom? Yes
Bill Cassidy

Senator LA

Bill Cassidy

  • Voted for Freedom? Yes
John Cornyn

Senator TX

John Cornyn

  • Voted for Freedom? Yes
Tom Cotton

Senator AR

Tom Cotton

  • Voted for Freedom? Yes
Kevin Cramer

Senator ND

Kevin Cramer

  • Voted for Freedom? Yes
Mike Crapo

Senator ID

Mike Crapo

  • Voted for Freedom? Yes
Ted Cruz

Senator TX

Ted Cruz

  • Voted for Freedom? Yes
Steve Daines

Senator MT

Steve Daines

  • Voted for Freedom? Yes
Joni Ernst

Senator IA

Joni Ernst

  • Voted for Freedom? Yes
Deb Fischer

Senator NE

Deb Fischer

  • Voted for Freedom? Yes
Lindsey Graham

Senator SC

Lindsey Graham

  • Voted for Freedom? Yes
Bill Hagerty

Senator TN

Bill Hagerty

  • Voted for Freedom? Yes
Josh Hawley

Senator MO

Josh Hawley

  • Voted for Freedom? Yes
John Hoeven

Senator ND

John Hoeven

  • Voted for Freedom? Yes
Jim Inhofe

Senator OK

Jim Inhofe

  • Voted for Freedom? Yes
Ron Johnson

Senator WI

Ron Johnson

  • Voted for Freedom? Yes
John Kennedy

Senator LA

John Kennedy

  • Voted for Freedom? Yes
Mike Lee

Senator UT

Mike Lee

  • Voted for Freedom? Yes
  • Session Score 100%
Roger Marshall

Senator KS

Roger Marshall

  • Voted for Freedom? Yes
Jerry Moran

Senator KS

Jerry Moran

  • Voted for Freedom? Yes
Lisa Murkowski

Senator AK

Lisa Murkowski

  • Voted for Freedom? Yes
Rand Paul

Senator KY

Rand Paul

  • Voted for Freedom? Yes
Rob Portman

Senator OH

Rob Portman

  • Voted for Freedom? Yes
  • Session Score 63.6%
Jim Risch

Senator ID

Jim Risch

  • Voted for Freedom? Yes
Mitt Romney

Senator UT

Mitt Romney

  • Voted for Freedom? Yes
Mike Rounds

Senator SD

Mike Rounds

  • Voted for Freedom? Yes
Ben Sasse

Senator NE

Ben Sasse

  • Voted for Freedom? Yes
Tim Scott

Senator SC

Tim Scott

  • Voted for Freedom? Yes
Rick Scott

Senator FL

Rick Scott

  • Voted for Freedom? Yes
Richard Shelby

Senator AL

Richard Shelby

  • Voted for Freedom? Yes
Dan Sullivan

Senator AK

Dan Sullivan

  • Voted for Freedom? Yes
John Thune

Senator SD

John Thune

  • Voted for Freedom? Yes
Thom Tillis

Senator NC

Thom Tillis

  • Voted for Freedom? Yes
Pat Toomey

Senator PA

Pat Toomey

  • Voted for Freedom? Yes
Roger Wicker

Senator MS

Roger Wicker

  • Voted for Freedom? Yes
Todd Young

Senator IN

Todd Young

  • Voted for Freedom? Yes

Voted Against Freedom

Tammy Baldwin

Senator WI

Tammy Baldwin

  • Voted for Freedom? No
Cory Booker

Senator NJ

Cory Booker

  • Voted for Freedom? No
Sherrod Brown

Senator OH

Sherrod Brown

  • Voted for Freedom? No
Ben Cardin

Senator MD

Ben Cardin

  • Voted for Freedom? No
Tom Carper

Senator DE

Tom Carper

  • Voted for Freedom? No
Bob Casey

Senator PA

Bob Casey

  • Voted for Freedom? No
Susan Collins

Senator ME

Susan Collins

  • Voted for Freedom? No
Chris Coons

Senator DE

Chris Coons

  • Voted for Freedom? No
Dick Durbin

Senator IL

Dick Durbin

  • Voted for Freedom? No
Maggie Hassan

Senator NH

Maggie Hassan

  • Voted for Freedom? No
Mazie Hirono

Senator HI

Mazie Hirono

  • Voted for Freedom? No
Tim Kaine

Senator VA

Tim Kaine

  • Voted for Freedom? No
Mark Kelly

Senator AZ

Mark Kelly

  • Voted for Freedom? No
Angus King

Senator ME

Angus King

  • Voted for Freedom? No
Amy Klobuchar

Senator MN

Amy Klobuchar

  • Voted for Freedom? No
Patrick Leahy

Senator VT

Patrick Leahy

  • Voted for Freedom? No
Ben Luján

Senator NM

Ben Luján

  • Voted for Freedom? No
Joe Manchin

Senator WV

Joe Manchin

  • Voted for Freedom? No
Ed Markey

Senator MA

Ed Markey

  • Voted for Freedom? No
Bob Menendez

Senator NJ

Bob Menendez

  • Voted for Freedom? No
Jeff Merkley

Senator OR

Jeff Merkley

  • Voted for Freedom? No
Chris Murphy

Senator CT

Chris Murphy

  • Voted for Freedom? No
Patty Murray

Senator WA

Patty Murray

  • Voted for Freedom? No
Jon Ossoff

Senator GA

Jon Ossoff

  • Voted for Freedom? No
Alex Padilla

Senator CA

Alex Padilla

  • Voted for Freedom? No
Gary Peters

Senator MI

Gary Peters

  • Voted for Freedom? No
Jack Reed

Senator RI

Jack Reed

  • Voted for Freedom? No
Jacky Rosen

Senator NV

Jacky Rosen

  • Voted for Freedom? No
Marco Rubio

Senator FL

Marco Rubio

  • Voted for Freedom? No
  • Session Score 100%
Brian Schatz

Senator HI

Brian Schatz

  • Voted for Freedom? No
Chuck Schumer

Senator NY

Chuck Schumer

  • Voted for Freedom? No
Tina Smith

Senator MN

Tina Smith

  • Voted for Freedom? No
Jon Tester

Senator MT

Jon Tester

  • Voted for Freedom? No
Mark Warner

Senator VA

Mark Warner

  • Voted for Freedom? No
Ron Wyden

Senator OR

Ron Wyden

  • Voted for Freedom? No

Abstained