by Jeff Sovern
Why this week? Deepak Gupta speculated on Twitter:
Why is GOP pushing this vote now? Possibly to get ahead of hearings next week at which Equifax and Wells Fargo execs will have to testify.
But if that's true, that means that arbitration supporters expect that those hearings will generate opposition to arbitration. That in turn means that senators who vote against the CFPB rule will put themselves in a worse position with their constituents by voting against the rule. Is that really something they want to do? We may find out.