Subject: Hillary Clinton's Statement on Today's Actions by the Consumer Financial Protection Bureau
From: Hillary for America Press <[email-masked]>
To: Hillary for America Press <[email-masked]>
Date: Thu, 5 May 2016 15:03:21 -0400
List-Id: <nationalpress2016.hillaryclinton.com>

**

*Hillary Clinton's Statement on Today's Actions by the Consumer Financial
Protection Bureau*

*Today, the Consumer Financial Protection Bureau proposed rules
<http://www.consumerfinance.gov/about-us/blog/cfpb-proposes-prohibiting-mandatory-arbitration-clauses-deny-groups-consumers-their-day-court/>
that would prohibit mandatory arbitration clauses that deny groups of
consumers their day in court. Hillary Clinton issued the following
statement: *

"With today's proposal, the Consumer Financial Protection Bureau takes aim
at yet another unfair practice on Wall Street. Mandatory arbitration
clauses buried deep in contracts for credit cards, student loans, and more
prevent American consumers from having their day in court when they've been
harmed. I'm proud to join with progressives and consumer advocates across
this country in my strong support of this rule. As President, I will build
on today's efforts to further address the problems caused by mandatory
arbitration clauses and protect consumers from unfair and deceptive
practices."

###

For Immediate Release, May
​5​
, 2016
Contact: [email-masked]

PAID FOR BY HILLARY FOR AMERICA
Contributions or gifts to Hillary for America are not tax deductible.
Hillary for America, PO Box 5256, New York

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