Richard Cordray: “I think they are critical to the credibility of the agency and I think you have every right to demand that from us, and…”

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.

On top of the historic debt that we have pushed upon tens of millions of Americans, they face a financial marketplace that is littered with predatory players.

[a]rbitration clauses, as they are used today both in the field of consumer finance and more generally, often have been deliberately designed to block Americans from effective means of vindicating their rights.

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