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McConnell Plotting Sneak Attack on Consumer Financial Protection Rule
Posted
September 28, 2017
Views
6,101
Likes
374
Comments
37
Engagement
6.74%
September 28, 2017
6,101
374
37
6.74%
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6:25Now PlayingRyan Grim ( ) reports from Capitol Hill that Mitch McConnell and Senate Republicans are whipping votes to nullify a "ripoff protection" rule issued by the Consumer Financial Protection Bureau.
If it is allowed to go into effect, the rule will block big banks from tricking people into waiving their right to join class-action lawsuits when they are cheated. The rule is among the most consequential actions the CFPB has taken since its founding. Based on his reporting for The Intercept with David Dayen, Grim breaks down who is for, and who is against this assault on basic fairness. If you have a Republican Senator, take notice: your voice could make the difference.
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