I am begging you to keep the fire. I have constituents who have lost so much and they don't even know how they lost it.
We have, as part of our responsibility under the Consumer Financial Protection Bureau laws, undertaken consumer financial education.
it's been hard on American families.
I suspect though, sir, there is a large differential.
I believe that an empowered consumer is a consumer who can not only protect himself or herself but one who can change the market.
I believe that consumers want to learn.
Congressman, this is the guidance that Congress has given.
So far as I know, there is no agency anywhere in the Federal Government whose rulings, once arrived at through the full process, could actua...
And in response to this crisis, with overwhelming support from the American people, we created the CFPB, and it is carefully constructed, ur...
We have already begun the process of hiring some people.
Congressman, we will go through the process of interpreting the language that Congress has given us.
Congressman, when you asked to change the time four times in the last 12 hours...
Congressman, during the time these agencies have been around I believe that financial products have become more complicated...
we have seen very little accountability among the largest financial services providers
she's got her own limitations. she's trying to protect our constituents, yours and mine, big time.
So what we will be doing--and I really want to give a shout-out here to five of the largest credit card companies in the country who are wor...
I think information is power, I really do, but it is powerful when you use it.
Congressman, I believe the language you are quoting is out of the Dodd-Frank Act, and it is Congress' intention.