On Tuesday night, the Senate voted, 51-50, to overturn a banking rule that would have allowed consumers to band together in class action lawsuits against banks and other financial institutions. Sens. Lindsey Graham (R-S.C.) and John Kennedy (R-La.) joined every Democrat in opposing the bill, and Vice President Mike Pence broke the tie.
Senate Republicans Clear Bill Nullifying A Pending Consumer Right To Sue Banks
OnlineEditor@theweek.com (Peter Weber), The Week
Tue, 10/24/2017 - 8:49pm
Topics: senate lindsey graham r-s.c john kennedy r-la democrat vice president mike pence consumer financial protection bureau cfpb congressional review act president barack obama house president trump richard cordray wells fargo equifax the american bankers association republicans sen mike crapo r-idaho forced supreme court the new york times july cfpb congress bill sue banks arbitration rule law years overturn vote banking clauses country
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