David Bizar quoted in Inside the CFPB

David Bizar was quoted in a November 6 story from Inside the CFPB, "Industry Groups Celebrate Demise of CFPB Arbitration Rule," on the news that the Republican-controlled Congress and the Trump administration were able to cooperate and overturn the CFPB’s controversial rule banning mandatory arbitration clauses in most consumer financial services contracts. Bizar said that the demise of the CFPB’s ill-considered arbitration class-action waivers ban will benefit both consumers and industry, and the only real losers are the lawyers who would have profited from all of the litigation that would have ensued if the ban had gone into effect.