The greater dangers to liberty lurk in insidious encroachment by men of zeal, well meaning but without understanding.
By litigation.
Shouldn't the language require that the real benefits must outweigh real costs to consumers and covered persons instead ...
The Administration's proposal for a Consumer Financial Protection Agency... results in the Government... deciding which ...
Thank you.
I must say candidly that I was shocked when I realized how this legislation will actually work.
In plain English, right?
Absolutely, it can.
It is clear that in the Administration's plan, disclosure, no matter how complete, is not enough.
A lot of work.
Our idea in the legislation is not to prevent people from making mistakes. It is to make it easier for them to avoid mis...
You state, Mr. Secretary, repeatedly that the status quo is not acceptable because things are changing every day in the ...
We appreciate you coming here today, but even you admit in your studies, and this is an outgrowth of some of those studi...
I believe we need a system where we can accommodate both.
To move away fast and furious from a classical model of regulation, we had better be really careful.
Are consumers protected when they cannot buy products and services that are available to others?
Good consumer protection, therefore, makes good economic sense.
I would like to just restate a request I made in my opening statement.