Poll: Protection from forced arbitration more popular than Sen. Collins, Patriots

A new poll released today shows that 80% of Mainers support the rule put forward by the Consumer Financial Protection Bureau to protect the right of Americans to join together in class action lawsuits against financial firms and be heard before a judge or jury rather than being forced into arbitration decided by a third party of the firm’s choice.

Legislation currently being considered in the Senate, S.J. Res. 47, would use the Congressional Review Act to block the Consumer Financial Protection Bureau (CFPB) from implementing the new forced arbitration rule.

55% of poll respondents approved of Sen. Susan Collins job performance, including 69% of Democrats and 33% of Republicans.

Two thirds of respondents, including majorities of Democrats, Independents, and Republicans, said they opposed GOP efforts to overturn the consumer protection rule and 46% said they would be less likely to vote for Sen. Collins in the future if she voted to undo the protections.

“More Maine voters have an unfavorable opinion of the New England Patriots (18 percent) than oppose this CFPB regulation (11 percent),” noted Public Policy Polling, which conducted the survey on behalf of Americans for Financial Reform and the Maine People’s Alliance.

PPP surveyed 702 Maine voters by phone and online from October 6-8, 2017, with a margin of error of +/- 3.7%.

Other findings from the poll include that only 6% of Mainers have a favorable view of payday lenders and 56% believe that “millionaires and wealthy corporations” will benefit most from tax cuts proposed by President Donald Trump and congressional Republicans, with only 19% believing that the “middle class” will see the greatest benefit.

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