Political Quotes

“Madam Speaker, I yield myself such time as I may consume. Madam Speaker, arbitration clauses in contracts let private parties agree in advance on a way to resolve further disputes and have significant benefits. But for years, Democrats have worked relentlessly to undermine arbitration and the efficiencies arbitration agreements often have for private parties. These agreements generally work well and the process itself is a fair and effective way to solve disagreements. Arbitration is also usually faster and cheaper than hiring an attorney and suiting up for drawn-out litigation. Making arbitration harder for certain claims will mean Americans spend more time in court with no guarantee of getting better outcomes. The Democrat-driven campaign to up-end the use of arbitration will certainly benefit the plaintiff's bar. But it will make life worse for the American people. With that context in mind, we can consider this amendment in light of the larger policy debate it is connected to. This amendment rests on the idea that pre-dispute arbitration agreements are fundamentally problematic and unfair or work poorly. But that is not true. And this amendment cannot be considered in isolation. Instead, it is a policy gateway to the Democrats' longstanding priority to eliminate arbitration agreements entirely. This amendment should be rejected.…”