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Categories: Compliance, Dealer Ops, F&I
Pence Casts Tiebreaking Vote to Kill CFPB's Arbitration Rule

The vice president cast his tiebreaking vote late Tuesday night. The measure now heads to President Trump's desk, where it is likely to be signed. Once it...

https://www.autodealertodaymagazine.com/323514/pence-casts-tiebreaking-vote-to-kill-cfpbs-arbitration-rule
Categories: Auto Finance, Compliance, Dealer Ops, F&I
State AGs Urge U.S. Senate to Reject Resolution to Block CFPB’s Arbitration Rule

In a letter dated July 28, 21 state attorneys general called on U.S. Senate leaders to support the Consumer Financial Protection Bureau’s new arbitration...

https://www.autodealertodaymagazine.com/323350/state-ags-urge-u-s-senate-to-reject-resolution-to-block-cfpbs-arbitration-rule
Categories: Auto Finance, Compliance, Dealer Ops, F&I

The U.S. House passed a joint resolution of disapproval under the Congressional Rule Act to block the CFPB’s rule banning mandatory arbitration clauses in...

https://www.autodealertodaymagazine.com/323327/u-s-house-passes-resolution-to-block-cfpbs-arbitration-rule
Categories: Auto Finance, Compliance, Dealer Ops, F&I
Republicans Challenge CFPB’s Arbitration Rule

The day after the Consumer Financial Protection Bureau published its new arbitration rule in the Federal Register, House and Senate Republicans filed joint...

https://www.autodealertodaymagazine.com/323321/republicans-challenge-cfpbs-arbitration-rule
Categories: Auto Finance, Compliance, Dealer Ops, F&I

At its May 5 field hearing in Albuquerque, N.M., the CFPB issued its proposal to ban mandatory arbitration clauses in finance contracts. Financial services...

https://www.autodealertodaymagazine.com/322334/cfpb-issues-proposal-to-end-forced-arbitration


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