Gianforte, Daines, McConnell, and the Republican Congress Repeal Crucial Consumer Protection Law
1 in 3 Montanans are now vulnerable due to the repeal of the Consumer Financial Protection Bureau’s (CFPB) class action lawsuits rule yesterday. The rule used to guarantee your right to join with others in lawsuits against Big Banks and payday lenders that commit fraud and break the law, and now, Americans are forced to face powerful financial companies alone in secret proceedings, where a firm chosen by the bank determines your cause. Over 367,000 Montanans affected by last month’s Equifax breach are now at risk.
The CPFB’s arbitration clause was instituted in the wake of the financial crisis of 2008 that was caused by speculation, greed and Republican-led deregulation of banking.
U.S. Congressional Candidate John Heenan is a class action and arbitration clause expert, and he has spent his career as a consumer protection attorney fighting powerful corporations, like banks, that try to take advantage of their customers.
“That vote was based on one thing only—and that is money and power,” says U.S. Congressional Candidate John Heenan. “Gianforte, and Daines now, chose to side against those 367,000 Montanans and be on the side of Equifax, and be on the side of Wells Fargo, and deprive Montanans of their ability to bring a lawsuit when they’re harmed by one of these big companies.”
A class action lawsuit allows a group of victims to sue a defendant as a group. Heenan represented over 400 Montanans who were charged over 900% APR on Internet payday loans in a class action lawsuit that Heenan took all the way to the U.S. Supreme Court and won in 2014.
Heenan’s work on this class action case helped Montana have the best consumer protection against unfair arbitration laws in the country, but now the repeal of the CFPB’s class action ban on rip-off, arbitration clause lawsuits further demonstrates why Rep. Greg Gianforte is not representing Montanans at all.
“It’s unfair and it’s why I’m running, because we need somebody in Congress that’s actually going to be standing up for the people,” says Heenan.
Democracy in the wake of corruption from big special interest money is a lot like class action suits against powerful banks and corporations: Alone, we are weak. United, we are powerful. Heenan is an expert at uniting people and fighting for their rights with their best interests at heart.
U.S. Congressional Candidate John Heenan is a nationally renowned consumer protection attorney who has represented thousands of Montanans in class action lawsuits against predatory lending companies, including a suit against an Internet lending company that went all the way to the U.S. Supreme Court