While America was watching either the World Series or maybe The Challenge on MTV on Tuesday night, Congress was busy working! I know! Can you believe it? And as much as America wants Congress to get working, maybe it’s better if they aren’t sometimes.
You know how you can tell some shady shit is going down in the Senate? When VP Pence shows up to cast a tie-breaking vote. Ohio Senator Sherrod Brown spoke about this feeling on the Senate floor:
Tonight, the vote was on the CPFB rule on forced arbitration. That sounds obscure but actually has a profound impact on many Americans. The vote tonight overturned a rule allowing consumers to sue a financial company if it does something wrong.
An example – Wells Fargo staff opened accounts without people’s knowledge or approval, strictly for the purpose of meeting goals and obtaining bonuses. This impacted people’s credit scores and people were harmed. Without this rule, those people who were harmed can’t group together to sue Wells Fargo, essentially preventing the company from being held accountable for their actions.
Remember a month or so ago when Equifax announced they accidentally didn’t protect people’s private info? Oopsie doopsie – so sorry – but you can’t sue them.
The LA Times has all the details.
And by the way, the other big Senate news today was Arizona Senator Jeff Flake announcing he wasn’t running for re-election and essentially coming out against the Trump Administration and unshackled from the burden of re-election, declared his independence so he is able to do the right thing. This follows Tennessee Senator Bob Corker who said essentially the same thing.
But save the plaudits for these two “independent” Senators. They both voted to screw over consumers and the average person in favor of the big banks tonight.
Judge a man by his deeds, not his words. Show me what you do and I’ll know what you stand for. That goes for Flake, Sessions, Pence and the entire lot of the Senators who voted for this bill.
All those middle-America people who elected Trump based on alleged “economic anxiety” – I wonder if they know what their candidate and his party did to them tonight. They should be watching what was being done, keeping an eye on the deeds of those they voted for. Or maybe it’s just less painful to watch the Astros/Dodgers hit the baseball than watch the Republicans in the Senate vote their litigation rights away.