Senate votes to repeal CFPB rule on class-action bans in consumer contracts

The Senate just passed Senate Joint Resolution 47, with Vice President Mike Pence casting the deciding vote, to repeal the Consumer Financial Protection Bureau's rule barring class-action bans in consumer financial contracts. 

Republican Senators John Kennedy (R-Louisiana) and Lindsey Graham (R-South Carolina) joined all 48 Democratic Senators in voting against the measure.

The House already passed the resolution. Now it goes to the President for signature and an end to the rule. 

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