Nearly every product sold in America has passed basic safety regulations well in advance of reaching store shelves. But credit products, by ...
Yes, ma'am, that is right.
Yes, sir, I do.
No, sir, it passed, and I believe there were--there was some bipartisan support, but I don't think it was overwhelming.
Oh, I apologize. I currently am the Special Advisor to the Secretary of the Treasury for standing up the consumer agency.
I have seen a letter that says 44 Senators will block any nominee to head up the Consumer Financial Protection Bureau unless the bureau is s...
I think we should start with much clearer disclosure. I don't think it's appropriate to take any tool off the table.
Congressman, repeal the--giving the agency the powers that Dodd-Frank has given it, you know I think what we ought to do is we ought to get ...
We must do better.
We believe in enforcement at the consumer agency, yes, sir.
it was a hard fight to get this agency passed into law, but I thought, once it had passed and it had become the law, that this kind of fight...
There's a whole process in place for this, that starts with research, that starts with community outreach.
By Congress.
Well, it's set up to have oversight in terms of its money.
You could have the laws in place, but if the people on the other end of the phone are not aware of them or are not applying them properly, t...
I actually want to start with COO because in the way I understand this, this becomes even more important.
Of course, Mr. Chairman. We would be delighted.
But remember, this is an agency we are building over a very long arc.
