The new law capping the interest rate lenders can charge military personnel begins working on Oct. 1. This is the law Congress passed last year after discovery of what some termed “predatory” lending practices that targeted military members and their families. Some members were paying up to 800 percent interest. The new law caps the rate at 36 percent, including all fees and other charges, per a notice issued by the 2nd Bomb Wing Legal Office at Barksdale AFB, La.
The withdrawal of about 700 U.S. forces from Somalia required a massive nocturnal airlift, movement of fighters and tankers from the Middle East, and other overwatch from drones and other special operations aircraft, all planned and executed within weeks. The mission, called Operation Octave Quartz, came after former President Donald…