The Monopoly Guy Photobombed the Senate’s Equifax Hearing
A person dressed in a black top hat, busy white mustache and monocle is sitting in the audience.
There is a new face in Washington, and it is the Monopoly guy. Well, someone dressed like him.
A person dressed in Rich Uncle Pennybags from the classic board game — black top hat, bushy white mustache and monocle — sat in the audience of the Senate Banking Committee hearing on the Equifax data breach on Wednesday, occasionally dabbing their head with giant paper money, reports CNBC.
Equifax CEO Richard Smith did not seem to notice, reports CNBC. Smith was there to testify about the breach that affected more than 145 million people. He also appeared before the House Energy and Commerce Committee on Tuesday and took “full responsibility” for the breach, which compromised consumers’ personal identifying information, writes CNBC.
According to CNBC, Pennybags — who was actually Amanda Werner — was there are part of a protest by a group hoping to draw attention to “forced arbitration clauses that are used throughout the financial industry and limit consumers’ ability to take disputes to court.”
Werner, who works for Americans for Financial Reform and Public Citizen, also handed out Monopoly-style “Get out of jail free” cards, according to CNBC. Currently, the Senate is pushing to rollback a rule issued by the Consumer Financial Protection Bureau in July that would reduce the use of arbitration clauses. However, the House has already voted to kill the rule, reports CNBC.
Werner told CNBC that “arbitration is a rigged game” and “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.”
Americans for Financial Reform tweeted that Werner was there to “to protest Equifax’s behavior in the wake of the breach, and to draw attention” to forced arbitration,” according to CNBC.
It’s to protest Equifax’s behavior in the wake of the breach, and to draw attention to forced arb CRA: https://t.co/sp0rGxb7pr
— AFR (@RealBankReform) October 4, 2017
Equifax offered a credit monitoring service that required consumers to accept arbitration to settle disputes causes by the breach, which was announced in September. CNBC writes that Smith later said “the arbitration requirement was a mistake.”
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