Richard Cordray: “We have to teach people and make available to them the tools so that they can learn more about how to handle their…”

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

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

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…

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.