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Sen. Wyden, Colleagues Introduce Bill to Protect Consumers by Banning Forced Arbitration
March 08, 2022
WASHINGTON, March 8 -- Sen. Ron Wyden, D-Oregon, issued the following news release on March 7, 2022:

U.S. Senator Ron Wyden joined colleagues today in introducing legislation that would prohibit banks and other financial institutions from using forced arbitration clauses in Oregon and nationwide against consumers seeking restitution and justice.

"For too long now, companies considered 'too big to fail' have been exploiting their power over consumers through confusi . . .

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