• Did Freedom Win? Yes
  • Voted for Freedom 47
  • Voted Against Freedom 47
This resolution of disapproval under the Congressional Review Act (CRA) would cancel the Consumer Financial Protection Bureau’s (CFPB) arbitration rule. The final rule was published on Regulations.gov on July 19. While the CRA isn’t a panacea, it does provide a means for Congress to act as a check on out-of-control federal agencies.

The CFPB’s arbitration rule is, in reality, a giveaway to trial lawyers. The rule ostensibly bans contractual arbitration clauses related to consumer financial products offered by banks and other financial sector firms. This severely limits consumers’ ability to enter into arbitration during disputes.

Arbitration is an easier and quicker process for consumers to resolve issues, but lawyers don’t make much money from this process. The rule, however, will encourage trial lawyers to pursue more class-action lawsuits, which take longer and result in smaller payouts to consumers. But class-action lawsuits do bring in big dollars for trial lawyers.

Class-action lawsuits can take two to five years to resolve, and the average payment is $32.35 per individual. These class-action suits, for which trial lawyers are paid an average of roughly $1 million, also drive up costs to consumers. By comparison, arbitration typically takes two to five months, with an average payment of thousands of dollars. It’s clear which process truly protects consumers.

Legislator's Votes

Voted for Freedom

John Barrasso

Senator WY

John Barrasso

  • Voted for Freedom? Yes
Roy Blunt

Senator MO

Roy Blunt

  • Voted for Freedom? Yes
John Boozman

Senator AR

John Boozman

  • Voted for Freedom? Yes
Richard Burr

Senator NC

Richard Burr

  • Voted for Freedom? Yes
Shelley Capito

Senator WV

Shelley Capito

  • Voted for Freedom? Yes
Bill Cassidy

Senator LA

Bill Cassidy

  • Voted for Freedom? Yes
Susan Collins

Senator ME

Susan Collins

  • Voted for Freedom? Yes
Bob Corker

Senator TN

Bob Corker

  • Voted for Freedom? Yes
  • Session Score 0%
John Cornyn

Senator TX

John Cornyn

  • Voted for Freedom? Yes
Tom Cotton

Senator AR

Tom Cotton

  • Voted for Freedom? Yes
Mike Crapo

Senator ID

Mike Crapo

  • Voted for Freedom? Yes
Ted Cruz

Senator TX

Ted Cruz

  • Voted for Freedom? Yes
Steve Daines

Senator MT

Steve Daines

  • Voted for Freedom? Yes
Mike Enzi

Senator WY

Mike Enzi

  • Voted for Freedom? Yes
  • Session Score 0%
Joni Ernst

Senator IA

Joni Ernst

  • Voted for Freedom? Yes
Deb Fischer

Senator NE

Deb Fischer

  • Voted for Freedom? Yes
Jeff Flake

Senator AZ

Jeff Flake

  • Voted for Freedom? Yes
  • Session Score 0%
Cory Gardner

Senator CO

Cory Gardner

  • Voted for Freedom? Yes
  • Session Score 0%
John Hoeven

Senator ND

John Hoeven

  • Voted for Freedom? Yes
Jim Inhofe

Senator OK

Jim Inhofe

  • Voted for Freedom? Yes
John Isakson

Senator GA

John Isakson

  • Voted for Freedom? Yes
  • Session Score 0%
Ron Johnson

Senator WI

Ron Johnson

  • Voted for Freedom? Yes
Mike Lee

Senator UT

Mike Lee

  • Voted for Freedom? Yes
  • Session Score 100%
John McCain

Senator AZ

John McCain

  • Voted for Freedom? Yes
  • Session Score 0%
Jerry Moran

Senator KS

Jerry Moran

  • Voted for Freedom? Yes
Lisa Murkowski

Senator AK

Lisa Murkowski

  • Voted for Freedom? Yes
Rand Paul

Senator KY

Rand Paul

  • Voted for Freedom? Yes
David Perdue

Senator GA

David Perdue

  • Voted for Freedom? Yes
  • Session Score 0%
Rob Portman

Senator OH

Rob Portman

  • Voted for Freedom? Yes
  • Session Score 63.6%
Jim Risch

Senator ID

Jim Risch

  • Voted for Freedom? Yes
Pat Roberts

Senator KS

Pat Roberts

  • Voted for Freedom? Yes
  • Session Score 0%
Mike Rounds

Senator SD

Mike Rounds

  • Voted for Freedom? Yes
Marco Rubio

Senator FL

Marco Rubio

  • Voted for Freedom? Yes
  • Session Score 100%
Ben Sasse

Senator NE

Ben Sasse

  • Voted for Freedom? Yes
Tim Scott

Senator SC

Tim Scott

  • Voted for Freedom? Yes
Richard Shelby

Senator AL

Richard Shelby

  • Voted for Freedom? Yes
Dan Sullivan

Senator AK

Dan Sullivan

  • Voted for Freedom? Yes
John Thune

Senator SD

John Thune

  • Voted for Freedom? Yes
Thom Tillis

Senator NC

Thom Tillis

  • Voted for Freedom? Yes
Pat Toomey

Senator PA

Pat Toomey

  • Voted for Freedom? Yes
Roger Wicker

Senator MS

Roger Wicker

  • Voted for Freedom? Yes
Todd Young

Senator IN

Todd Young

  • Voted for Freedom? Yes

Voted Against Freedom

Tammy Baldwin

Senator WI

Tammy Baldwin

  • Voted for Freedom? No
Cory Booker

Senator NJ

Cory Booker

  • Voted for Freedom? No
Sherrod Brown

Senator OH

Sherrod Brown

  • Voted for Freedom? No
Ben Cardin

Senator MD

Ben Cardin

  • Voted for Freedom? No
Tom Carper

Senator DE

Tom Carper

  • Voted for Freedom? No
Bob Casey

Senator PA

Bob Casey

  • Voted for Freedom? No
Chris Coons

Senator DE

Chris Coons

  • Voted for Freedom? No
Dick Durbin

Senator IL

Dick Durbin

  • Voted for Freedom? No
Alan Franken

Senator MN

Alan Franken

  • Voted for Freedom? No
  • Session Score 0%
Maggie Hassan

Senator NH

Maggie Hassan

  • Voted for Freedom? No
Mazie Hirono

Senator HI

Mazie Hirono

  • Voted for Freedom? No
Tim Kaine

Senator VA

Tim Kaine

  • Voted for Freedom? No
John Kennedy

Senator LA

John Kennedy

  • Voted for Freedom? No
Angus King

Senator ME

Angus King

  • Voted for Freedom? No
Amy Klobuchar

Senator MN

Amy Klobuchar

  • Voted for Freedom? No
Patrick Leahy

Senator VT

Patrick Leahy

  • Voted for Freedom? No
Joe Manchin

Senator WV

Joe Manchin

  • Voted for Freedom? No
Ed Markey

Senator MA

Ed Markey

  • Voted for Freedom? No
Bob Menendez

Senator NJ

Bob Menendez

  • Voted for Freedom? No
Jeff Merkley

Senator OR

Jeff Merkley

  • Voted for Freedom? No
Chris Murphy

Senator CT

Chris Murphy

  • Voted for Freedom? No
Patty Murray

Senator WA

Patty Murray

  • Voted for Freedom? No
Bill Nelson

Senator FL

Bill Nelson

  • Voted for Freedom? No
  • Session Score 0%
Gary Peters

Senator MI

Gary Peters

  • Voted for Freedom? No
Jack Reed

Senator RI

Jack Reed

  • Voted for Freedom? No
Brian Schatz

Senator HI

Brian Schatz

  • Voted for Freedom? No
Chuck Schumer

Senator NY

Chuck Schumer

  • Voted for Freedom? No
Jon Tester

Senator MT

Jon Tester

  • Voted for Freedom? No
Mark Warner

Senator VA

Mark Warner

  • Voted for Freedom? No
Ron Wyden

Senator OR

Ron Wyden

  • Voted for Freedom? No