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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRepublicans take first step to bursting stock market bubble and sending us into economic crash...
Republican senators vote to protect banks and credit card companies from being sued by US citizenshttp://www.independent.co.uk/news/world/americas/us-senate-vote-banks-insurers-block-class-action-lawsuits-forced-abritation-donald-trump-mike-pence-a8018411.html
<snip>
Banks, credit card issuers and other financial companies will be able to block customers from banding together to sue over disputes, after the US Senate on Tuesday narrowly killed a rule banning the firms from using forced arbitration clauses.
Republican Vice President Mike Pence appeared on the Senate floor at 10.11pm (2.11am GMT) to cast the tie-breaking vote as the chambers president and approve the most significant roll-back of Obama-era financial policy since President Donald Trump took office vowing to loosen the leash on Wall Street. The final count was 51 to 50.
The Republican-dominated House of Representatives has already passed the resolution repealing the Consumer Financial Protection Bureau (CFPB) rule released in July. The resolution also bars regulators from instituting a similar ban in the future.
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Republicans take first step to bursting stock market bubble and sending us into economic crash... (Original Post)
kentuck
Oct 2017
OP
democratisphere
(17,235 posts)1. Of the corrupt corporations, by the corrupt corporations and for the
corrupt corporations. The essence of drumpf and the redumbliCON party.
spanone
(135,823 posts)2. fascism...call it was it is.
Turbineguy
(37,319 posts)3. A republican controlled government
without an economic crash is unseemly.
safeinOhio
(32,673 posts)4. If only the 7th Amendment was
as important as the 2nd.