“Consumers deserve the right to have their day in court when they’ve been wronged, but many don’t realize they’ve lost that right through forced arbitration. The CFPB’s proposal to ban this unjust and unfair practice is a major victory for consumers,” he told the NLJ in a prepared statement. “I’ll keep pushing the CFPB to finalize the rule as soon as possible, and will fight against efforts to weaken it.”
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