This week, Speaker Ryan signed another Congressional Review Act bill. This one repeals the Consumer Financial Protection Bureau’s (CFPB) anti-arbitration rule, which inhibits the ability of consumers to resolve disputes outside of the courtroom. The rule benefits wealthy trial lawyers at the expense of consumers and repealing it is the right call for regular people. Read more about the rule and our legislation to repeal it here. (Also pictured, from left to right: Rep. Hensarling (R-TX), Rep. McHenry (R-NC), and Rep. Rothfus (R-PA).)
NOTE: Congress has used the Congressional Review Act to successfully repeal fourteen harmful regulations that made it difficult for small businesses to thrive and tough for people to find jobs. Once President Trump signs this into law, this legislation will mean 15 harmful regulations have been repealed. Learn more here.