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Republicans gut protection against bank abuses in late-night vote with Pence as tie-breaker
 

Republicans gut protection against bank abuses in late-night vote with Pence as tie-breaker

Republicans gut protection against bank abuses in late-night vote with Pence as tie-breaker Campaign Action Mike Pence cast the deciding vote Tuesday night to allow big banks to screw consumers, as the Senate repealed a Consumer Financial Protection Bureau rule making it easier for people to sue banks and credit card companies. The rule prevented financial institutions from forcing consumers into binding arbitration and blocking them from going to court. Instead, it opened up class-action suits as a way for people to join together and fight abuses. Republicans didn't like tha... read more

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