Congressional Digest

Congressional Digest December 2017 No. 10 Vol. 96
Honorable Marcy Kaptur

Suing the Banks

Arbitration Agreements vs. Class Action Lawsuits

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Honorable Marcy Kaptur

United States Representative, Ohio, Democrat

Representative Kaptur, of the Ninth District of Ohio, was first elected to the U.S. House of Representative in 1982. She was an Assistant Director for Urban Affairs at the White House from 1977 to 1980 and Deputy Secretary of the National Consumer Cooperative Bank from 1980 to 1981. She sits on the Appropriations Committee. The following is from the July 25, 2017, House floor debate on H.J. Res. 111, disapproving the Consumer Financial Protection Bureau rule relating to arbitration agreements. I rise today to oppose the rule and underlying bill by my Republican colleagues. The Republican bill favors big Wall…

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