A person dressed in a black top hat and bushy white mustache, occasionally putting on a monocle or dabbing forehead sweat with giant paper money, sat in the audience of the Senate Banking Committee hearing on the Equifax data breach on Wednesday. Former Equifax CEO Richard Smith didn't seem to notice. [...]
The protester was Amanda Werner of Americans for Financial Reform and Public Citizen, who also handed out Monopoly-style "Get out of jail free" cards. The Senate leadership has been pushing to rollback a rule issued by the Consumer Financial Protection Bureau in July that would curtail the use of arbitration clauses. The House has already voted to kill the rule.
"Arbitration is a rigged game," Werner said in an emailed statement from her office. "Bank lobbyists and their allies in Congress are trying to overturn the CFPB's rule so they can continue to rip off consumers with impunity."
She also showed up in the costume outside the same hearing room Tuesday, when the banking committee was updated about last year's fake accounts scandal at Wells Fargo.