Senator Al Franken will be hosting a discussion of the impact of mandatory arbitration on consumers of financial products and services.  The program, "Stacking the Debt: Consumer Rights in the Financial Marketplace," will take place on Wednesday, October 17, 2012 at 10:00am-12:00 pm at 485 Senate Russell Building, Constitution Avenue and 1st Street, NE, Washington, DC.  You’ll hear stories about service members, student loan borrowers, credit card holders, and others from around the country.

Speakers will explore how remedies for consumers to hold lenders accountable are disappearing, and will review emerging solutions.  The Pew Charitable Trusts’ Safe Checking in the Electronic Age Project will present its findings on a survey on mandatory binding arbitration in consumer checking accounts. Featured speakers include:

  • Former Georgia Governor Roy E. Barnes and John R. Bevis, Barnes Law Group
  • Paul Bland, Senior Attorney, Public Justice and Of Counsel, Chavez & Gertler
  • Deepak Gupta, Founding Principal, Gupta Beck PLLC and former Senior Counsel for Enforcement Strategy at the Consumer Financial Protection Bureau
  • Cora L. Hume, Project Manager, Safe Checking in the Electronic Age Project, The Pew Charitable Trusts
  • Justin Kuehn, student loan borrower and Attorney, Bragar Eagel & Squire, PC

Please R.S.V.P. to ArbitrationEventOct17@gmail.com,or callErin Kilroy of Americans for Financial Reform at 202-466-1885.  The event is sponsored by: Americans for Financial Reform, Public Citizen, and the National Association of Consumer Advocates.