Pence casts tie-breaking vote to overturn rule allowing consumers to sue banks

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Will President Trump sign to block CFPB rule against mandatory arbitration?

Once again the Republican Party lobbies with the powerful—in this case the banking industry—to regulate U.S. consumers’ flexibility to sue their banks and other financial institutions in case of wrongdoing.

After the Wells Fargo sales practices, and the Equifax scandals, this move could mean less transparency and freedom for consumers .

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