The country is in dire need of a new COVID-19 relief package to help working families cope with the worst health and financial effects of the ongoing pandemic. Instead, leaders in Congress are failing them.
Written by NACA Advocacy
Protecting consumers from scams, fraud, and deceptive conduct is essential in a time of crisis. In fact, extraordinary situations like the COVID-19 emergency highlight the need for these protections on ordinary days. Wells Fargo and its past track record serve as a good example.
In February, Wells Fargo ended forced arbitration for employees with sexual harassment claims. NACA joined this letter to Wells Fargo HR head David Galloreese to urge Wells Fargo to extend this new policy to all potential claims from employees and customers.
The Denver Post, Guest Commentary: This Black Friday, a slew of popular gifts will come with unfair forced arbitration. By T.A. Taylor-Hunt, Colorado state chair for the National Association of Consumer Advocates.
NACA to Congress: The Forced Arbitration Injustice Repeal Act would bar forced arbitration from deciding the outcome of consumer, civil rights, employment, or antitrust violations. It would restore to harmed consumers and workers the right to choose to go to court before a judge and jury when they are financially or physically harmed. Congress should pass this bill.
“The forced arbitration system is simply rigged,” said Christine Hines, legislative director for the National Assn. of Consumer Advocates.
Law360, Equifax Data Breach Highlights Regulatory Shortfall
"We hope that all members of Congress can stand up for the rights of those 143 million people, as opposed to entertaining the interest of Equifax and the credit reporting companies," said Christine Hines of the National Association of Consumer Advocates.
NACA submitted a letter to the U.S. Senate Banking Committee to share its views for the Oct. 4 hearing on the Equifax cybersecurity breach. The Equifax breach is an object lesson on the consequences of a powerful entity that lacks adequate controls and incentive to act responsibly and in good faith in the marketplace.