Congressman, I can't understand this without seeing what the paperwork is that accompanies them and what the disclosure ...
I am tired of it, too.
The agency could say if you will issue a page-and-a-half credit card contract that is readable, a one-page mortgage that...
We are trying to say that more legal mandates of ineffective disclosure is not helping the consumer.
I am completely in favor of making these products transparent enough that people can read them, understand them, and mak...
What I really think is that it is time to talk about disclosure in a way that means something.
There was no reason to develop a business model that put tricks and traps in back and you pretended to compete on things...
What I have suggested is an agency that offers plain vanilla products that provide a safe harbor on regulation.
I think it is time for change. We need someone in Washington who cares primarily about families, who cares about consume...
the consumer credit market is broken.
Well, my view is, if you cannot explain it, then you probably should not sell it to customers. I think that is destructi...
It is essential that this new agency have real power, that they have flexible rulemaking authority, that it be adequatel...
I strongly support the concept of an independent agency that concentrates solely on consumer financial services issues.
The point, Congressman, as I see it, is that it is all about disclosing them.
I think that is extremely destructive.
I think there is a different alternative view of what politics can be, though. And that standing up for some principles,...
You think that the president should show more forceful leadership in this case.
I have great respect for President Obama, but I do think that, in this situation, the voice of democracies around the wo...
