NACA in the News: Lawmakers Who Want To Hand ‘Get Out Of Jail Free’ Card To Banks Made Millions From Financial Sector Last Year (Consumerist)

Release Date: 
July 20, 2017
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Consumerist, Lawmakers Who Want To Hand ‘Get Out Of Jail Free’ Card To Banks Made Millions From Financial Sector Last Year: "Christine Hines, Legislative Director at the National Association of Consumer Advocates, said it was disappointing but not surprising that “some members of Congress would sacrifice their constituents’ legal rights to make big banks and predatory lenders happy. Wall Street lobbyists have been urging their congressional allies to seek repeal of the CFPB arbitration rule, which restores American consumers’ right to band together in court when financial institutions cheat, deceive, or defraud them.”"