Richard Cordray: “If there were a basis for doing so, I would do so. But I am not going to scapegoat people just to satisfy you or anyone…”

I stand by and believe this was a reasonable approach to how to get relief to hundreds of thousands of consumers who were discriminated against under the disparate impact theory that I know some people disagree with, but the Supreme Court…

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

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

The changes that are being made here that the Secretary announced...are going to result in the numbers of people receiving public service loan forgiveness...into the tens of thousands.