; (6) the United States Arbitration Act (43 Stat. 883, ch. 213) (codified at title 9, United States Code) was intended to apply to disputes between commercial entities of generally similar sophistication and bargaining power, but a series of decisions by the Supreme Court of the United States has interpreted title 9, United States Code, to apply to claims of fraud; and (7) consumers have no meaningful choice whether to submit their claims to arbitration and are typically unaware that they have given up their rights to file claims in court. 3. Arbitration of consumer disputes related to credit card accounts Chapter 2 of the Truth in Lending Act ( 15 U.S.C. 1631 et seq.) is amended by adding at the end the following: 140B. Validity and enforceability (a) Definitions In this section— (1) the term covered dispute means a dispute that is not subject to a final judgment by a court