We need to protect the American people from corporate greed and abuse. The FAIR Act is one of those protections. Corporations use forced arbitration clauses to deny Americans their right to seek accountability and justice in disputes with private companies. They literally eliminated any chance a resident may have for accountability and justice from a dispute, specifically in the place of employment. From employee handbooks to bank documents to college admission paperwork, companies include forced arbitration clauses as the main form of dispute resolution so that they can rig the rules and appoint themselves judge and jury in the arbitration process. Forced arbitration is a private, secretive system without any enforceable standards or legal protections for our people. There is no public disclosure of proceedings or any requirements for arbitrators to follow the law. Madam Speaker, forced arbitration makes it virtually impossible for antidiscrimination laws, disability rights laws, and so many other important laws to be enforced at the Federal level. To put it simply, this is unjust, and has failed the American public for far too long. Earlier this year, President Biden signed a law ending forced arbitration for cases involving sexual assault or sexual harassment. So I urge the Senate to pass this legislation and send it to the President's desk so that we can protect the rights of consumers and workers from corporations that seek to exploit them.…
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