This is what happens every time GOP takes over Congress make rules that favor corporations & the wealthy the rest of us are screwed AGAIN
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And if a wronged bank client will not be allowed to sue then neither should that bank be eligible for a government bail-out.
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Who will be the mediator? Time from work lost? Interest gain lost? At what corporate level? BBB involvement? FDIC? OCC? FED (reserve)?
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Fucking right.
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Sadly, people are being stripped of the only financially way to compel banks & CCC to be responsible to us. The hen house is opened
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Only if you want to bank at an honest accurate bank!
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Too bad! The senate just made it harder for class actions to get off the ground. Banks have all the cards in arbitration.
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