H.R. 4734 — Introduced in House

I 113th CONGRESS 2d Session H. R. 4734 IN THE HOUSE OF REPRESENTATIVES May 22, 2014 Mr. McHenry introduced the following bill; which was referred to the Committee on Financial Services A BILL To repeal the authority of the Bureau of Consumer Financial Protection to restrict mandatory pre-dispute arbitration. 1. Short title This Act may be cited as the Bureau Arbitration Fairness Act. 2. Repeal of authority to restrict mandatory pre-dispute arbitration Section 1028 of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5518) is amended— (1) by striking (a) Study and report.—; and (2) by striking subsections (b), (c), and (d).