Congressional Digest

Congressional Digest December 2017 No. 10 Vol. 96
Honorable Elizabeth Warren

Suing the Banks

Arbitration Agreements vs. Class Action Lawsuits

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Honorable Elizabeth Warren

United States Senator, Massachusetts, Democrat

Senator Warren was elected to the U.S. Senate in 2012. From 2008 to 2010, she was Chair of the Congressional Oversight Panel on the Federal Troubled Asset Relief (Economic Stimulus) Program. From 2010 to 2011, she was Special Advisor for the Consumer Financial Protection Bureau. She sits on the following committees: Banking, Housing, and Urban Affairs; Health, Education, Labor, and Pensions; and the Special Committee on Aging. The following is from the October 24, 2017, Senate floor debate on H.J. Res. 111, disapproving the Consumer Financial Protection Bureau rule relating to arbitration agreements. Wells Fargo creates 3.5 million fake accounts,…

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