The House Judiciary Committee has voted 19-12 to approve the Fairness in Class Action Litigation Act of 2017 (H.R. 985), a bill that would amend the procedures used in federal court class actions and multidistrict litigation proceedings.

"The bill's passage by the House and Senate with strong Republican support would seem to augur well for the adoption of a joint resolution of disapproval under the Congressional Review Act to nullify a final arbitration rule should one be issued by the CFPB," Alan Kaplinsky, a partner at Ballard Spahr LLP and pioneer of the use of pre-dispute arbitration provisions, wrote in the firm's CFPB Monitor blog.