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US House of Representatives passes CRA repeal of arbitration rule

US House of Representatives

The US House of Representatives has voted in favour of house joint resolution (HJR) 111 to repeal the Consumer Financial Protection Bureau’s (CFPB) final rule on arbitration agreements, reports Paybefore (Banking Technology‘s sister publication). The vote was 231-190 with Rep. Walter Jones (North Carolina) the lone Republican joining the Democrats with a no vote. To refresh […]

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