Richard Cordray: “I appreciate and understand the importance of congressional oversight. I think it is a meaningful check on our agency.”

We are listening. If you have already come forward to share your concerns, know that you are not alone.

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

We also want to make sure that when a consumer goes in to get a loan to buy a car that they are not unwittingly being forced to pay more based on assumptions made about their racial or ethnic background.

I know that everyone agrees that discrimination has no place in our economy.