On Tuesday evening, the debate around the Consumer Financial Protection Bureau’s final arbitration rule came to a head when the Senate voted to repeal it. See the reactions here to the razor-thin vote here . . .
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It’s All in the Details
Arbitration can be looked at in two ways when it comes to the Consumer Financial Protection Bureau’s (CFPB) recent rule. In the way the CFPB looks at it, they are helping the consumer, but many Senators think differently. See what they’re saying and what they’re doing about it here.
Read More »Coalition to CFPB: Strengthen Arbitration Clause Ban
A coalition consisting of more than 160 labor unions, civil rights groups, and other advocates has written a letter to CFPB Director Richard Cordray calling for the Bureau to go take its proposed rule to ban arbitration clauses that prevent consumers from bringing class-action lawsuits even further.
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