'Congress Is Protecting the Banks': Senate Votes To Block Consumer Class Action Lawsuits

Dustin Blitchock/Benzinga

A joint Congressional resolution awaiting President Donald Trump's signature would unravel a rule blocking financial institutions from forcing customers into arbitration to resolve disputes rather than class action lawsuits.  

Tuesday's 51-50 party-line vote by Senate Republicans - Vice President Mike Pense broke the tie - comes in the wake of major breaches of consumer trust by financial institutions.

Check out the full story and Kristen Holt's statement on this issue, click here.