AAJ STATEMENT ON CONSUMER AGENCY’S PROPOSAL TO RESTORE AMERICANS’ RIGHTS

Consumer Financial Protection Bureau (CFPB) Announces Proposed Rule Restricting the Abusive Use of Forced Arbitration, Restoring Consumers’ Ability to Join Together to Hold Banks Accountable in CourtWashington, DC - The following is a statement from American Association for Justice President Larry Tawwater on the Consumer Financial Protection Bureau’s (CFPB) release today of its proposed rule on forced arbitration, which would restore Americans’ ability to join together to hold Wall Street accountable.  By burying forced arbitration clauses in the fine print of consumer contracts, banks,