With
Tonya Esposito,
Esther Slater McDonald
Pursuant to the the Congressional Review Act, President Trump officially repealed the CFPB Arbitration Rule.
With
Tonya Esposito,
Esther Slater McDonald
Financial institutions can maintain the status quo of their pre-dispute resolution clauses in consumer contracts because Senate voted against CFPB's proposed arbitration rule.
With
Tonya Esposito,
Esther Slater McDonald
The Consumer Financial Protection Bureau ("CFPB") is ordering financial services companies to pull out a red pen and redraft all mandatory arbitration clauses in agreements for consumer financial products...
With
Tonya Esposito,
Esther Slater McDonald
The Consumer Financial Protection Bureau issued a final rule that exposes financial services companies to increased litigation by banning the use of arbitration agreements to block consumer class actions.