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Our Response to Senate Vote Blocking Rule That Would Restore Consumer’s Right To Take Financial Bad Actors To Court.

Now more than ever, we need to stand up for the Consumer Bureau and keeping Wall Street in check.

On Tuesday, October 24, Vice President Pence broke a 50-50 deadlock in the Senate, overturning the Consumer Financial Protection Bureau’s rule banning mandatory arbitration clauses. This rule would have prevented financial firms from using small-print in contracts that prevent class action lawsuits, which make it nearly impossible for consumers without the financial resources to take on big banks.

This vote leaves all of us open to being tricked into unfair forced arbitration practices which are designed to favor Wall Street over working Americans.

ACTION: Wall Street reform at risk

We all know what can happen on Wall Street if there are no rules and no accountability.

That's why Fair Share supports the Consumer Financial Protection Bureau (CFPB or Consumer Bureau) -- to watch out for predatory and deceptive behavior in the financial industry. And it's working. It has returned $12 billion to 27 million Americans who were victimized by shady lending or financial trickery.

Some in Congress are pushing to shut down the CFPB. But if we can get just 41 votes to protect the agency, we can create a firewall in the Senate.

Take a quick moment to email your senators, telling