Congressional Digest

Congressional Digest December 2017 No. 10 Vol. 96
Honorable Jared Polis

Suing the Banks

Arbitration Agreements vs. Class Action Lawsuits

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Honorable Jared Polis

United States Representative, Colorado, Democrat

Representative Polis, of the Second District of Colorado, was first elected to the U.S. House of Representatives in 2008. He served as an at-large member of the Colorado State Board of Education from 2001 to 2007. He sits on the following committees: Rules; Education and the Workforce; and Ethics. 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. This resolution of disapproval weakens consumer protections while protecting big banks rather than consumers. This rule was crafted by the Consumer Financial Protection Bureau to…

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