House passes H.J. Res. 111 to override CFPB arbitration rule

Yesterday afternoon, the House of Representatives, by a 231-190 partisan vote, passed H.J. Res. 111 which provides for Congressional disapproval under the Congressional Review Act (CRA) of the CFPB's final arbitration rule which was published on July 19, 2017 in the Federal Register. Under the CRA, to override the arbitration rule, both the House and... Continue Reading…...(read more)

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