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A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to "Arbitration Agreements".

USA115th CongressSJRES-47| Senate 
| Updated: 7/20/2017
Mike Crapo

Mike Crapo

Republican Senator

Idaho

Cosponsors (32)
Dean Heller (Republican)Dan Sullivan (Republican)Thomas Tillis (Republican)David Perdue (Republican)Jerry Moran (Republican)Mike Lee (Republican)James E. Risch (Republican)Ron Johnson (Republican)Orrin G. Hatch (Republican)Tom Cotton (Republican)James M. Inhofe (Republican)Michael B. Enzi (Republican)Roger F. Wicker (Republican)Rand Paul (Republican)John Boozman (Republican)Roy Blunt (Republican)Luther Strange (Republican)John Thune (Republican)Mike Rounds (Republican)Ted Cruz (Republican)Tim Scott (Republican)Ben Sasse (Republican)James Lankford (Republican)Bob Corker (Republican)John Barrasso (Republican)Johnny Isakson (Republican)Richard C. Shelby (Republican)Pat Roberts (Republican)Thad Cochran (Republican)Marco Rubio (Republican)Patrick Toomey (Republican)Shelley Moore Capito (Republican)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This joint resolution nullifies a rule submitted by the Consumer Financial Protection Bureau (CFPB) regarding arbitration agreements. (The rule regulates the use of arbitration agreements in contracts for specific consumer financial products and services. It prohibits the use of a predispute arbitration agreement to prevent a consumer from filing or participating in certain class action suits. The rule also requires consumer financial product and service providers to furnish the CFPB with particular information regarding arbitrations.)
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Timeline
Jul 20, 2017
Introduced in Senate
Jul 20, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 25, 2017

Latest Companion Bill Action

HRES 115-468
Motion to reconsider laid on the table Agreed to without objection.
  • July 20, 2017
    Introduced in Senate


  • July 20, 2017
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • July 25, 2017

    Latest Companion Bill Action

    HRES 115-468
    Motion to reconsider laid on the table Agreed to without objection.

Finance and Financial Sector

Related Bills

  • HJRES 115-111: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to "Arbitration Agreements".
Administrative law and regulatory proceduresAlternative dispute resolution, mediation, arbitrationBusiness recordsCongressional oversightConsumer creditConsumer Financial Protection BureauFinancial services and investmentsGovernment information and archives

A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to "Arbitration Agreements".

USA115th CongressSJRES-47| Senate 
| Updated: 7/20/2017
This joint resolution nullifies a rule submitted by the Consumer Financial Protection Bureau (CFPB) regarding arbitration agreements. (The rule regulates the use of arbitration agreements in contracts for specific consumer financial products and services. It prohibits the use of a predispute arbitration agreement to prevent a consumer from filing or participating in certain class action suits. The rule also requires consumer financial product and service providers to furnish the CFPB with particular information regarding arbitrations.)
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 20, 2017
Introduced in Senate
Jul 20, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 25, 2017

Latest Companion Bill Action

HRES 115-468
Motion to reconsider laid on the table Agreed to without objection.
  • July 20, 2017
    Introduced in Senate


  • July 20, 2017
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • July 25, 2017

    Latest Companion Bill Action

    HRES 115-468
    Motion to reconsider laid on the table Agreed to without objection.
Mike Crapo

Mike Crapo

Republican Senator

Idaho

Cosponsors (32)
Dean Heller (Republican)Dan Sullivan (Republican)Thomas Tillis (Republican)David Perdue (Republican)Jerry Moran (Republican)Mike Lee (Republican)James E. Risch (Republican)Ron Johnson (Republican)Orrin G. Hatch (Republican)Tom Cotton (Republican)James M. Inhofe (Republican)Michael B. Enzi (Republican)Roger F. Wicker (Republican)Rand Paul (Republican)John Boozman (Republican)Roy Blunt (Republican)Luther Strange (Republican)John Thune (Republican)Mike Rounds (Republican)Ted Cruz (Republican)Tim Scott (Republican)Ben Sasse (Republican)James Lankford (Republican)Bob Corker (Republican)John Barrasso (Republican)Johnny Isakson (Republican)Richard C. Shelby (Republican)Pat Roberts (Republican)Thad Cochran (Republican)Marco Rubio (Republican)Patrick Toomey (Republican)Shelley Moore Capito (Republican)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HJRES 115-111: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to "Arbitration Agreements".
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresAlternative dispute resolution, mediation, arbitrationBusiness recordsCongressional oversightConsumer creditConsumer Financial Protection BureauFinancial services and investmentsGovernment information and archives