If the concern we have is about a product that is designed to ensnare people in repeat loans over time so that it is pos...
Good. Thank you very much, and thank you very much for your indulgence.
By my calculation, just back of the envelope, I think it is about 200 percent annual interest that she paid.
So, superb point, Mr. Wright, and, in fact, can I just expand the point a little bit in asking about this with remotely ...
But you feel like you have adequate authority. You do not need any additional authority to do it. You just need the reso...
Thank you, Mr. Chairman.
Thank you, Mr. Silberman. Very helpful.
Had it not been for the unfortunate 2003 decision of the Federal Reserve that allowed regulated banks to trade in physic...
I think it is a positive thing that we charge half of what a payday lender charges.
to describe yourselves as being part of a heavily regulated entity when it is the case that by her direct testimony we h...
I am very pleased to have sponsored with Senator Merkley the Stopping Abuse and Fraud in Electronic Lending Act, with th...
Yes, Mr. Hunt, I think you are right. It is the same principle.
Good. Thank you very much, Mr. Wright.
The Congress has to look no further than the way Wall Street markets participation in index funds for the reason why and...
Because you would like to see more flexibility there?
A key requirement of any legislation or regulation, if it is to be useful to the public, is public disclosure.
That's completely unacceptable! And in the meantime, our fisheries are wasting an unthinkable volume of this product at ...
It's time we recommitted these funds to the kinds of research projects and regional priorities like stock assessments an...