Richard Cordray

If we're not getting value for that money, we should not be spending it.

The fastest growing segment of student loan borrowers is actually older Americans.

On top of the historic debt that we have pushed upon tens of millions of Americans, they face a financial marketplace that is littered with predatory players.

To have a place to turn to, to come to this Consumer Bureau, to say the complaint in their own voice, and to make sure we will work with the company to try to get it fixed and they can get relief in many instances, that is really important…

anything that is attempting or seeking to compromise our independence will make it harder for us to do our job.

I remain committed to ensuring the OCC completes its review of this matter and takes additional actions to hold the bank and individuals accountable as warranted.

We had known about these types of problems from our own sources, but if any institution feels that they can divide and conquer among the regulators, they should know that that is a mistake.

That is the law we are required to enforce. We will enforce it vigorously, and we believe to root out discrimination, which nobody supports, in any of these markets.

Congress clearly indicated its purpose, to protect servicemembers in this area, and the rules did not get that job done.

Disparate impact has been the law of the land for decades. It has been reaffirmed by the Supreme Court.

The U.S. Supreme Court last June reaffirmed that disparate impact discrimination is the law of the land.