Senator Bernie Moreno and Rep. Warren Davidson introduce legislation to limit state interest rate caps on out-of-state lenders.
Quiver AI Summary
Senators introduce new legislation: Senator Bernie Moreno (R-Ohio) and Representative Warren Davidson (R-Ohio) have unveiled the American Lending Fairness Act of 2026. This bill seeks to prevent states from imposing their own interest rate caps on loans from out-of-state banks and credit unions, aiming to restore federal standards in lending practices.
Legislative support emphasizes consumer protection: Moreno stated that the bill is designed to protect Americans from state-level caps that could limit access to credit. Davidson echoed this sentiment, arguing that federal law should apply equally, urging Congress to ensure competitive conditions for all lenders.
Stakeholder responses highlight industry concerns: Various stakeholders, including leaders from the American Bankers Association and Ohio Credit Union League, praised the bill, citing its potential to enhance competition and maintain consumer access to credit without the burden of differing state regulations.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Bernie Moreno Fundraising
Bernie Moreno recently disclosed $106.9K of fundraising in a Q4 FEC disclosure filed on January 30th, 2026. This was the 746th most from all Q4 reports we have seen this year. 57.0% came from individual donors.
Moreno disclosed $117.8K of spending. This was the 643rd most from all Q4 reports we have seen from politicians so far this year.
Moreno disclosed $1.5M of cash on hand at the end of the filing period. This was the 275th most from all Q4 reports we have seen this year.
You can see the disclosure here, or track Bernie Moreno's fundraising on Quiver Quantitative.
Bernie Moreno Net Worth
Quiver Quantitative estimates that Bernie Moreno is worth $139.1M, as of February 13th, 2026. This is the 14th highest net worth in Congress, per our live estimates.
Moreno has approximately $579.3K invested in publicly traded assets which Quiver is able to track live.
You can track Bernie Moreno's net worth on Quiver Quantitative's politician page for Moreno.
Bernie Moreno Bill Proposals
Here are some bills which have recently been proposed by Bernie Moreno:
- S.3746: A bill to prohibit individuals receiving public assistance from conducting remittance transfers.
- S.3283: Exclusive Citizenship Act of 2025
- S.3089: STOP Act
- S.2976: HIRE Act
- S.2973: SHUTDOWN Act
- S.2359: SAFE HIRE Act
You can track bills proposed by Bernie Moreno on Quiver Quantitative's politician page for Moreno.
2030 Ohio US Senate Election
There has been approximately $672,503,641 of spending in Ohio US Senate elections over the last two years, per our estimates.
Approximately $604,517,617 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- WINSENATE ($158,649,074)
- SENATE LEADERSHIP FUND ($141,687,785)
- DEFEND AMERICAN JOBS ($80,269,859)
- AMERICAN CROSSROADS ($62,181,392)
- AMERICANS FOR PROSPERITY ACTION, INC. (AFP ACTION) DBA CVA ACTION AND DBA LIBRE ACTION ($42,707,265)
The rating for this race is currently "Lean R".
You can track this election on our matchup page for the 2030 Ohio US Senate election.