NACA Urges U.S. Senate to Oppose Repeal of Rule Limiting Forced Arbitration

Publish Date: 
September 26, 2017
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National Association of Consumer Advocates (NACA), a national nonprofit association actively engaged in promoting a fair and open marketplace that forcefully protects the rights of consumers, particularly those of modest means, urged U.S. Senators to oppose S.J.Res.47 and H.J.Res.111, a resolution under the Congressional Review Act (CRA) that would repeal the arbitration rule issued by the Consumer Financial Protection Bureau (bureau). The Resolution would give the financial sector a pass to once again take away Americans’ legal rights that the bureau has rightfully restored.