The bill would also prohibit public companies from inserting forced arbitration clauses in their company bylaws, which I believe is illegal already, but which could benefit from additional clarity.
Bill Foster: “The bill would also prohibit public companies from inserting forced arbitration clauses in their company bylaws, which I…”
Editor's note · Context
Foster's bill seeks to ban forced arbitration clauses in public company bylaws.
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I have been amused for a long time at how can it be that there is legislation supported by 70 or 80 percent of the public, a clear majority of Members of Congress, and yet we are not allowed to even vote on it.
While the Presidency is often the focus of political pronouncements about macroeconomic conditions, there is no question that it undersells the importance and the independence of the work of the Federal Reserve Board.
This bill strengthens FSOC's capability to execute its mission by improving consistency, accountability, and outcomes for our financial system. I appreciate also Ranking Member Waters' support for this bill in committee and urge my…
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