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The Equifax revelations come at exactly the wrong time for Republicans, who had been hoping as late as Thursday to rapidly push ahead next week on a vote to overturn the rule. * * *
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The Equifax breach—and its controversial mandatory arbitration clause—could push some . . . Republicans to vote against any repeal.
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One problem that moderate senators have is that any action under the Congressional Review Act would prevent the CFPB from writing another rule on mandatory arbitration clauses. That leaves lawmakers uneasy, and sets them up to take the blame in cases like Equifax.
Amanda Werner, campaign manager at the consumer group Americans for Financial Reform and the liberal watchdog group Public Citizen, said “it is pretty appalling that Equifax would exploit consumers need for identify theft protection in the wake of this crisis they created in order to avoid accountability.