On the recordFebruary 14, 2012
I think it is important to protect consumers. I think it is important to protect responsible businesses that do compete fairly in these markets.
Said by
Richard Cordray
Source
congress.govI think it is important to protect consumers. I think it is important to protect responsible businesses that do compete fairly in these markets.
Cordray emphasizes the importance of consumer protection and fair competition in financial markets.
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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.
anything that is attempting or seeking to compromise our independence will make it harder for us to do our job.
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.