Richard Cordray: “Military families make enormous sacrifices for our Nation and deserve to be protected from those who would take…”

I don't think that we should be in the business of distinguishing between different kinds of economic activities that are legal merely because someone might favor or disfavor one or another.

We enforce the Equal Credit Opportunity Act. We work with the Justice Department on those matters.

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

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.