In an indication that the House will take quick action to nullify the CFPB's arbitration rule, the chamber's Rules Committee will meet Monday evening to approve a rule for debate on the resolution to void the rule.
Consideration by the Rules Committee is the last step before the resolution goes to the House floor.
Since the House's August recess begins at the end of next week, the House needs to approve the resolution next week or wait until after Labor Day.
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