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H.R. 4734

Bureau Arbitration Fairness Act

Bureau Arbitration Fairness Act - Amends the Consumer Financial Protection Act of 2010 to repeal the authority of the Consumer Financial Protection Bureau (CFPB) to prohibit or restrict the use of an agreement between persons under its jurisdiction and a consumer in connection with the offering or providing of a consumer financial product or service that provides for mandatory pre-dispute arbitration of any future dispute between the parties.

Referred to the House Committee on Financial Services.

Rep. McHenry, Patrick T. [R-NC-10](R-NC)Sponsor
1committees4actions6subjects
  • Introduced in HouseMay 22, 2014
  1. IntroReferralH11100

    Referred to the House Committee on Financial Services.

  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

  4. Committee

    Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Introduction and Referral.

Bureau Arbitration Fairness Act — Informed