Senate
Jul 20, 2017

A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to "Arbitration Agreements".

Summary

Official

This joint resolution nullifies a rule submitted by the Consumer Financial Protection Bureau (CFPB) regarding arbitration agreements. (The rule regulates the use of arbitration agreements in contracts for specific consumer financial products and services. It prohibits the use of a predispute arbitration agreement to prevent a consumer from filing or participating in certain class action suits. The rule also requires consumer financial product and service providers to furnish the CFPB with particular information regarding arbitrations.)

How would you vote on this bill?

Bill Progress

Bill has been introduced and assigned a number

Introduced(7/20/17)
Committee
Passed House
Passed Senate
President
Law

Sponsor

MC

Mr. Crapo

Senate (R) Idaho

Cosponsors (27)

Topics

Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Jul 20, 2017