Robert Reich | Here's the Difference Between Republicans and Democrats

29 October 17

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FOCUS: Robert Reich | Here's the Difference Between Republicans and Democrats 

Robert Reich, Robert Reich's Facebook
Reich writes: "The Senate voted 51 to 50 to repeal the Consumer Financial Protection Bureau’s rule banning mandatory arbitration clauses in financial contracts."
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n Wednesday, the Senate voted 51 to 50 to repeal the Consumer Financial Protection Bureau’s rule banning mandatory arbitration clauses in financial contracts. It’s a big win for Wall Street and Treasury Secretary Steve Mnuchin (actually they’re the same thing). And a big loss for consumers.

Mandatory arbitration clauses, usually tucked into the fine print of contracts with banks and other lenders, deny consumers the right to go to court or join with other consumers in class actions lawsuits.

Sadly, Senators Bob Corker, Jeff Flake, John McCain, Lisa Murkowski, and Susan Collins all voted for this awful bill. Senate Democrats all voted against it.

When people tell you there’s no difference between Republicans and Democrats in Washington, don’t believe them.

Your thoughts?

http://readersupportednews.org/opinion2/277-75/46559-focus-heres-the-difference-between-republicans-and-democrats

Here's How to Support Puerto Rico as It Recovers From Devastating Hurricane Maria
Remezcla
Excerpt: "With the island expected to go without power for months, Puerto Rico now needs our help. The US territory is in the midst of a financial crisis and already struggling in many ways."
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