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H.R. 4734: Bureau Arbitration Fairness Act

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H.R. 4734: Bureau Arbitration Fairness Act

113th Congress · introduced 2014-05-22 · Finance and Financial Sector · Latest: Referred to the House Committee on Financial Services.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2014-05-22 · official record
  2. Who proposed it: Rep. McHenry, Patrick T. [R-NC-10] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the House Committee on Financial Services. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Bureau Arbitration Fairness Act

Plain summary

Bureau Arbitration Fairness Act - Amends the Consumer Financial Protection Act of 2010 to repeal the authority of the Consumer Financial Protection Bureau (CFPB) to prohibit or restrict the use of an agreement between persons under its jurisdiction and a consumer in connection with the offering or providing of a consumer financial product or service that provides for mandatory pre-dispute arbitration of any future dispute between the parties.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Bureau Arbitration Fairness Act

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. McHenry, Patrick T. [R-NC-10] · 0 cosponsors

Cost estimate: No cost estimate published yet.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)
Jurisdiction
The area or the matters a government or court has authority over.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong113-hr4734 · catalog fed-us-congress-bills-cong113 · updated 2026-11-15 by psicol fed-bills-cong113