Are consumers protected when they cannot buy products and services that are available to others?
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...
This is a real departure from, as you said in your paper, from the model that we have relied on for a long time.
But you are really saying that you don't trust the consumer to make decisions for themselves, in a sense.
I hope you don't go too far here, or we don't.
I believe this Committee should examine what caused this financial crisis, develop solutions to the problems identified ...
Individuals consistently make choices that they themselves agree diminish their own well-being in significant ways.
Why did you choose such a politically biased construct at this point knowing that would raise red flags for some?
Absolutely, it can.
Every single law you have ever passed, every regulation on the books is trumped by this.
The greater dangers to liberty lurk in insidious encroachment by men of zeal, well meaning but without understanding.
Financial institutions, as I understand the proposal, will no longer be primarily concerned with discerning and meeting ...
Shouldn't the language require that the real benefits must outweigh real costs to consumers and covered persons instead ...
I must say candidly that I was shocked when I realized how this legislation will actually work.
I believe we need a system where we can accommodate both.
