Rep. Jeb Hensarling, the Republican chairman of the House Financial Services Committee, says the average payout for consumers is just $32 in class-action suits. Other Republicans are arguing that the rule would reduce lending as banks set aside more money in reserve.
Well, which is it, you anti-consumer shitweasels? Either class-action suits don’t provide enough payout, or banks will reduce lending because they have to set aside more money for big payouts.
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