H.R.5569: To amend the Consumer Financial Protection Act of 2010 to repeal the authority of the Bureau of Consumer Financial Protection to restrict arbitration, and for other purposes.

About This Bill

  • Introduced June 22, 2016
  • Latest Major Action June 22, 2016

Bill Summary

This bill amends the Consumer Financial Protection Act of 2010 to repeal the authority of the Consumer Financial Protection Bureau to restrict the use of an agreement between a financial product or service provider and a consumer providing for arbitration of any future dispute between the parties.

(Source: Library of Congress)

Bill Actions

Date Description
June 22, 2016
Referred to the House Committee on Financial Services.
June 22, 2016

Introduced in the House by Marlin Stutzman (R-Ind.)

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