NELA Statement On House Vote Against Consumers & Working People
Laura Flegel, NELA Legislative & Public Policy Director
(202) 898-2880 x.115
July 27, 2017
The National Employment Lawyers Association (NELA) denounces the recent vote in the U.S. House of Representatives to pass a Congressional Review Act (CRA) resolution of disapproval (H.J. Res. 111) that seeks to revoke the Consumer Financial Protection Bureau (CFPB) rule. The CFPB rule is the result of years of study and public hearings. The vote was almost entirely along party lines, with only one Republican voting against the resolution.
The CFPB rule provides essential protections for consumers by ensuring that everyday people can join together and have their day in court to hold banks, credit card companies, payday lenders, and other financial institutions accountable when they violate consumers’ rights. The CFPB rule relates specifically to the conduct of financial services providers, but forced arbitration and class action bans increasingly are used not only to constrain consumers, but also to prevent working people from banding together to vindicate their rights under our nation’s employment and civil rights laws. NELA calls on the Senate to stand with consumers and working people to ensure that banks and businesses cannot violate the law with impunity.
The National Employment Lawyers Association (NELA) advances employee rights and serves lawyers who advocate for equality and justice in the American workplace. It is the largest professional organization in the country of lawyers who exclusively or primarily represent individual employees in labor, employment, and civil rights disputes. NELA and its sixty-nine circuit, state, and local Affiliates have a membership of over 4,000 attorneys.