Skip to Content
Home · Newsroom · News

Springfield Republican: US Sen. Elizabeth Warren rips Republicans for vote to 'make it easier for financial institutions to cheat people'

By: Shannon Young

U.S. Sen. Elizabeth Warren, D-Massachusetts, slammed chamber Republicans this week for blocking a Consumer Financial Protection Bureau rule to limit forced arbitration -- a move which she argued would "make it easier for financial institutions to cheat people."

The Democrat, who urged support for the CFPB rule in a late Tuesday floor speech, blasted GOP leaders for narrowly approving legislation to roll back the rule, which sought to allow consumers to bring class action lawsuits against financial institutions.

Warren argued that the 51 to 50 vote, for which Vice President Mike Pence served as tie breaker, represented "a giant wet kiss to Wall Street."

Read more on the Springfield Republican's website here.

 

Boston Office

2400 JFK Federal Building

15 New Sudbury Street

Boston, MA 02203

Phone: (617) 565-3170

Springfield Office

1550 Main Street

Suite 406

Springfield, MA 01103

Phone: (413) 788-2690

Washington Office

317 Hart Senate Office Building

Washington, DC 20510

Phone: (202) 224-4543