I am deeply concerned that this committee is turning into the 'no regulation committee.'

All calls for privacy legislation may be pointless if such legislation is limited to a select group of data collectors.

Do you support data security or privacy legislation that could overlap with existing sector-specific regulation?

Whose side are we on? The side of service members risking their lives and their safety and their health, and the side of other homeowners and their families? Or on the side of the banks that are committing violations against these folks?

As we sit here today, the economic health of the United States remains fragile.

It is not a secret that the activity and formation of the CFPB has been controversial.

I fear that actions by the CFPB that limit access to credit and increase its costs will only further damage a struggling economy.

With meager oversight, they will be left outside the window of congressional appropriations.

I believe in markets.

The chair will give a 30-minute notice, which was the ranking member's request.

I want to comply with the law. I can't read it. And I can't afford to hire an army of lawyers to come in and read it for me and then tell me what I am supposed to do.

I'm very grateful to you for doing this. I know that it is not always the most enjoyable part of your day, but I also understand that it's necessary.

I, too, am on the side of service members and other homeowners across the country who have been the victims of these illegal--and I emphasize, illegal--actions.

I hope we can come together and work with a common purpose to do what this committee has the opportunity to do best: to help millions of American families improve their lives by demanding accountability and compliance with the law.

A service member stationed overseas, fighting for their country, risking their life, while back here their family is losing their home-- illegally.

patriotism also means standing up for the men and women who wear our uniform, who bravely--who bravely defend this country.

we need the Consumer Financial Protection Bureau: to protect consumers from unfair, deceptive, and abusive financial practices.

illegal foreclosures against U.S. service members is a growing problem.