NACA and Fair Arbitration Now coalition strongly supports the Restoring Justice for Workers Act, which would ensure that millions of U.S. workers will once again have their day in court to enforce protections available to them under employment and civil right laws.
One-year after tie-breaking vote in Congress that killed CFPB's arbitration rule, consumers still need their rights restored.
NACA publishes report on the issue of taxing consumers on attorneys' fees awarded under consumer protection statutes.
NACA joins with organizational partners calling on technology companies to remove forced arbitration clauses from contracts with their employees.
NACA urges the Department of Education to maintain the prohibition on forced arbitration clauses and class action bans in for-profit college enrollment contracts with students.
"The bureau must reject dangerous proposals in this RFI process, regarding External Engagements and other key agency functions such as Investigations, Enforcement, Rulemaking and Complaint Response, that would sabotage its work and mission to ensure consumers are treated fairly by powerful financial institutions. The bureau must continue its record of seeking public input and taking action to hold bad actors accountable for wrongdoing and harm they cause."
NACA sent a letter to the U.S. House urging opposition to S. 2155, the “Economic Growth, Regulatory Relief, and Consumer Protection Act.” This bill is being pushed under the guise of protecting community banks, but in reality it would weaken protections for homeowners and expand the scope of risky activity for big banks and lenders to engage in at the expense of American consumers and the economy.
NACA submitted comments in response to the Consumer Financial Protection Bureau's Request for Information on its Enforcement Processes. NACA is concerned that the CFPB has issued this and other public Requests for Information as an opening to revamp its internal processes and hinder activities meant to protect consumers and the financial markets.