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United States · Bill · SJRES

S.J.Res. 47 (115th)

A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to "Arbitration Agreements".

referredUnited States· United States Congress· EN

Introduced

20 July 2017

Last action

20 July 2017 · Introduced

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Sen. Crapo, Mike [R-ID], Sen. Perdue, David [R-GA], Sen. Tillis, Thomas [R-NC], Sen. Cotton, Tom [R-AR], Sen. Scott, Tim [R-SC], Sen. Heller, Dean [R-NV], Sen. Rounds, Mike [R-SD], Sen. Toomey, Patrick [R-PA], Sen. Shelby, Richard C. [R-AL], Sen. Corker, Bob [R-TN], Sen. Sasse, Ben [R-NE], Sen. Moran, Jerry [R-KS], Sen. Capito, Shelley Moore [R-WV], Sen. Hatch, Orrin G. [R-UT], Sen. Isakson, Johnny [R-GA], Sen. Barrasso, John [R-WY], Sen. Wicker, Roger F. [R-MS], Sen. Enzi, Michael B. [R-WY], Sen. Rubio, Marco [R-FL], Sen. Blunt, Roy [R-MO], Sen. Cruz, Ted [R-TX], Sen. Lankford, James [R-OK], Sen. Strange, Luther [R-AL], Sen. Cochran, Thad [R-MS], Sen. Inhofe, James M. [R-OK], Sen. Boozman, John [R-AR], Sen. Lee, Mike [R-UT], Sen. Roberts, Pat [R-KS], Sen. Sullivan, Dan [R-AK], Sen. Johnson, Ron [R-WI], Sen. Risch, James E. [R-ID], Sen. Paul, Rand [R-KY], Sen. Thune, John [R-SD]

Subjects

Discovery layer

Source updated

5 December 2025

Official sourceDownload fileView documentsShare

Summary

This joint resolution nullifies a rule submitted by the Consumer Financial Protection Bureau (CFPB) regarding arbitration agreements. (The rule regulates the use of arbitration agreements in contracts for specific consumer financial products and services. It prohibits the use of a predispute arbitration agreement to prevent a consumer from filing or participating in certain class action suits. The rule also requires consumer financial product and service providers to furnish the CFPB with particular information regarding arbitrations.)

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 20 July 2017

    Introduced

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

  2. 20 July 2017

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 20 July 2017

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 20 July 2017

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 20 July 2017

    Open at official source

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Sponsors

Related records

Sources

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