Richard Cordray: “It is flatly against the law for a debt collector to threaten anyone, let alone a servicemember, with consequences that…”

I read and see the stories about the NSA. I am an American citizen. I have the same concerns that I think you do about that.

The Consumer Financial Protection Bureau is the Nation's first Federal agency with the sole focus of protecting consumers in the financial marketplace.

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 else.

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.