I was happy and honored to sign on to the bill of Senators Landrieu and Snowe.
I, too, was very--have always been concerned about the lack of financial literacy being taught to our students.
The Center for Responsible Lending has indicated that these loans are marketed as short-term but often keep customers in debt for an average...
The concern, again, is that asterisk. It does actually lead to uncertainty.
I think we need to follow our procedures carefully, follow the law carefully, and if we do that we will build credibility in our work.
And to state for the record, the hearing is entitled, How Will the CFPB Function Under Richard Cordray?
We will work tirelessly in partnership with citizen watchdogs to deliver the facts to the American people.
I think it would be a best practice if you look at what the SEC is doing in laying out their regulatory agenda.
I thank the chairman and I would like to yield the balance of my time to the chairman so he can continue his line of questioning from earlie...
I think it would add tremendously to this and explain clearly what your intention is for enforcement actions.
I have advocated for a long time that we could do a much better job of oversight of Federal expenditures.
We could do that if we studied the Constitution a little more and do what Mr. Young was saying, go back to the Constitution and devolve to t...
That adds to uncertainty. And uncertainty in the financial marketplace means things cost more or are less available.
I appreciate my colleague, her comments.
Our duty on the Oversight and Government Reform Committee is to protect these rights.
Americans have a right to know that the money Washington takes from them is well spent.
Circumstances, however, are very different.
The founders didn't say you had to do it for 2 years, but they did say you can't do it for longer than 2 years.