I think since I have gotten there, things have changed.
When it comes to enforcement, we will focus on quantifiable and unavoidable harm to the consumer.
We have given notice of our intent to look at some changes--again, going through the proper administrative procedures.
The Consumer Financial Protection Bureau does not exist.
I hope so. That is what we are shooting for is a balance.
Actually, nothing could be further from the truth, Congresswoman.
I just happen to think that that is wrong. That is that enforcement by--or regulation by enforcement that I talk about.
Our job is to enforce Federal consumer laws.
Yes, ma'am.
We are still going after bad actors.
I think you should be allowed to know what the law is before you are accused of breaking it.
Why y'all don't want to put me on appropriations, I just don't get it.
I think the Bureau screams out to be reformed.
There is simply a lack of transparency into the Bureau that would be brought to the fore by going through the appropriat...
That we act a lot more accountably to you folks.
I am going to enforce the law because that is what I get paid to do.
If you want to lend money to people and take a lower-than-market rate of interest, that is your business.
You have to change the statute.
