Our first item that we are working on out of the box is to reduce the costs for the credit issuers, yes, sir.
I just think there is a lot of evidence that they have not had a fighting chance in the credit markets over the last decade and, in some cas...
I am always engaged in trying to persuade people that my point of view is right.
I am not able to negotiate or discuss the settlement negotiations with you in any way, shape, or form. I am sorry.
Congressman, we are not there yet. We will go for the first time--next Thursday is the first day that we will be statutorily authorized to s...
So let me say two things very quickly on that. We have a Web site that is up and running right now, www.consumerfinance.gov.
I think it is well past time to move ahead.
This is not a partisan issue. It should not be a partisan issue.
Do you agree that there should be a prohibition on targeting minors?
And there should be a technology that makes it possible?
There should be a way in which that information is erased.
We want to be able to erase it.
My first question is pretty straightforward to the witnesses here before us. Congressman Markey and I have introduced a bill, H.R. 1895, whi...
We would mandate to you to do it, to protect children and give parents the right to do it and to make sure that we don't invoke the law of u...
The purpose of the consumer protection agency, as I see it, is to give consumers a fighting chance in the credit marketplace.
One part of the agency that I am enormously excited about is that we will have bank supervision officers who will be in the banks.
It is certainly a part of our consideration how much regulation already exists. And if there are no problems, then there are no----
Big corporate interests, led by the consumer finance industry, are devouring families and spitting out the bones.