The CFPB would lead you to believe that a multiyear class action lawsuit--and that is according to the CFPB's own estimates, average attorneys' fees of $388 million, and that is a win for consumers. The judgment is not on the side of consumers. They may want to stand for the trial lawyers. We are going to stand for the consumers. Let's repeal this and institute the CRA for the arbitration rule.
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I appreciate the comments of Ms. DeGette of Colorado, and I yield back the balance of my time. The Acting CHAIR. The question is on the amendment offered by the gentleman from Colorado (Mr. Tipton). The amendment was agreed to. Amendment…
I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 10, strike lines 15 through 20. Page 11, strike lines 3 through 9. The Acting CHAIR. Pursuant to House…
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