Richard Shelby actually said...

Do you disagree that if the statute is clear, unambiguous, that you cannot change that statute by rule?

I do not believe you can change that by a rule.

if the Bureau can easily ignore a statute, it raises the more serious question of whether Congress or the Bureau has the final say over what...

the new disclosure... would be difficult to calculate and explain to consumers, would not likely be helpful to consumers, and may distract c...