people expect you to meet your obligations that you have already incurred and they expect you to meet those a 100 cents on the dollar.
I believe that Congress should treat all of the banking regulators alike and not say that the one that tries to watch out for consumers is g...
Of course we need to be responsible to the Congress. The Congress should look over our shoulder 24 hours a day, 7 days a week.
I want to say it this way: Small businesses are struggling, I understand that.
Oh, Congressman, you hit on a very important question. As you rightly know, it is consumer credit that we do at the Consumer Financial Prote...
We need a budget because these are very large and powerful financial institutions who hire armies of lawyers to design financial products th...
It is a 'no.' We already have our first example of what we are doing lowers compliance costs.
No. Congressman, the statute is quite clear that we are not in the business of establishing usury laws.
We have reason to believe, because we have already been reaching out to service members and service-member families...
I think it likely makes them a little more secure.
You now have this new consumer agency, and you can do something about this.
Well, you tell your farmers that, because of the language in this particular part of the statute, the lawyers are working on it right now.
No, ma'am. We are trying to lower costs for them.
These systems are not designed to be responsive.
I worry how long we will be able to keep those people when the siren song of money from elsewhere continues to play.
In terms of funding, yes, we are different. We have capped funding.
We are not engaged in any kind of settlement negotiations.
I don't want to overpromise, because I am not sure how many things you have read.