Mark Takano: “I did say that this bill was a step in the right direction, a step that could be a big leap if we all got behind bigger…”

“I did say that this bill was a step in the right direction, a step that could be a big leap if we all got behind bigger initiatives and called upon this administration to stop diminishing and diluting the power of the Consumer Financial Protection Bureau. The results of protecting military servicemembers and veterans by that particular agency are undisputed, and it became particularly impactful when it was in full force. The philosophy of this administration has been to diminish the authority and reach of the Consumer Financial Protection Bureau as well as the Federal Trade Commission, and our veterans are suffering. In spite of this very small step we are taking with this bill, it is insufficient to take on the enormous challenge of fighting fraudsters in this country who will take advantage of those who have laid their lives on the line for all of us. Mr. Speaker, I urge my colleagues to support this legislation, and I intend to vote 'yes.'”