Unfortunately, the CFPB is designed in a way to avoid critical oversight and accountability.

Without question, this gives the CFPB Director power that far exceeds that of any other financial regulator.

In a well-publicized speech 2 months ago in Kansas, the President said we should be strengthening oversight and accountability.

It is absolutely essential that we do restore the public's trust.

This legislation proves to the American people that if there is a problem, those of us in Congress will fix it.

I hope this committee will use this bill, the STOCK Act, as the vehicle to expand and build the American people's confidence in this institution.

I believe that H.R. 1148 is a great starting point for this Congress.

I doubt that one rule--it may bring down all of the community banks, it may bring down all of the insurance companies.

I think they're there to serve the banks and everyone else, but you took that out of context.

On rollcall No. 880 on final passage of H.R. 527, I was on the House floor, but inadvertently missed the voted. Had I been recorded, I would have voted ``aye.'' Stated against:

a bailout to the FHA is something that would be intolerable to the American people and certainly to this Congress.

I particularly would like to hear your take on the legislation on FHA reform that has been presented by the Republican Majority.