October 25, 2017

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

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.