Political Quotes

“I rise only to commend the gentleman from Texas for his important work on this arbitration issue. There has been a very effective movement to quash the rights of consumers. In the financial services area, people are told to deal with it. Our colleague Hank Johnson has the Forced Arbitration Injustice Repeal Act as it relates to nursing homes and employment. Our colleague Katherine Clark has a bill to repeal these arbitration restrictions with reference to discrimination on the basis of sex and sexual harassment in the workplace. Each of these is very important. Arbitration is arbitrary. It does not fairly resolve disputes. It is biased toward the financial institution, and toward the employer and others in other cases. Arbitration is a model that does not work well to solve most disputes of this type. It has even been suggested, amazingly enough, to bring arbitration into the drug price debate now. I don't believe arbitration is a way to solve these problems, and it is certainly not a way to get us lower drug prices”