Press Release
House Passage of Forced Arbitration
Green Amendment to Consumers First Act Restores Consumers’ Constitutional Rights
May 22,2019Washington, DC — The following is a statement from American Association for Justice CEO Linda Lipsen on the House of Representatives passing Representative Al Green's amendment to revive the Consumer Financial Protection Bureau rule on forced arbitration from 2016:
“Today the House of Representatives took action to restore our constitutional rights by passing the Green amendment, which allows consumers to band together and hold big banks accountable in front of a judge and jury. The amendment regulates forced arbitration and brings much-needed transparency to the process. Citizens financially wronged by payday lenders, credit card companies and corporations are currently forced into a rigged system, but today’s vote is a step forward to protecting consumer rights. We urge the Senate to take up this bill to restore Americans’ ability to seek justice.”