Stage Two

On July 11, 2017, the financial department of The Washington Post published an article titled "The Finance 202: Wall Street will soon test its clout with Senate Republicans". The article concerns the Consumer Financial Protection Bureau's move to prevent the inclusion of contractual arbitrations, which prevent consumers from bringing lawsuits against financial firms. Some lawmakers are opposed to the Bureau's actions, and describe them as "anti-consumer", although others feel that they are necessary measures for financial reform and customer protection. The author focuses mainly on describing the theoretical legislative processes necessary to reverse the ruling, and questions whether enough Republican senators will be inclined to come together against it, citing a previous measure by the Bureau whose repeal was never brought to vote due to lack of cohesive opposition.
Although the article is far from comprehensive, it succeeded in simplifying a concept that I know little about, and it provides links to further coverage and opinions on the subject for readers who want to learn more.