Leahy, Senate Dems oppose consumer protection repeal

Sen. Patrick Leahy, D-Vt., and other Senate Democrats defended a Consumer Financial Protection Bureau rule on binding arbitration. Photo by Elizabeth Hewitt/VTDiggerWASHINGTON —Senate Democrats are pushing to maintain a rule that allows customers to bring class action lawsuits against financial institutions.
Sen. Patrick Leahy, D-Vt., and five other Senate Democrats called on their colleagues Wednesday to keep in place the rule, created earlier this year by the Consumer Financial Protectio