We don't set our own salaries. They're set by Federal statute.
I certainly hope that's the case, and I also want to say, it's a little piece of the consumer agency.
Congressman, we are in the process, for example, of developing our performance metrics.
I think when the consumer agency has its director and has its powers ready to go, fully operational, will be a very good day.
Then they may want to go to www.usaspending.gov. It will list the type of contract, the awardee, and the amount of the contract.
Yes, ma'am, I do.
Yes, sir. That would be new regulations that would replace the older, complicated, more complex regulations.
Sir, I think what enforcement mechanisms are about are making sure that the laws are properly enforced.
Congressman, no one is hiding anything. We publish all contracts in--it is not called a Federal Register.
Well, I like to think that it is good to get advice.
This is a real chance to see government work for me. This is chance to have somebody on my side.
I have never seen this. But I do want to say, Mr. Chairman, we will do our best here.
I appreciate the opportunity to discuss that oversight today.
We want to make prices clear, and we want to make risks clear.
We appreciate the committee's important oversight role and welcome the opportunity to respond to your interest in how the Bureau is being or...
I think you may overstate the power of the director.
I have talked directly with community bankers in all 50 States.
Let me begin by assuring the committee that at the CFPB we are working nonstop to build an effective organization, with the goal of making c...
