one of the reasons that we pushed forward for the passage of the Dodd-Frank Wall Street Reform Bill, as well as the Consumer Financial Protection Bureau, was because we needed someone at the helm that would have the dexterity and the flexibility to be able to move very quickly to address these new products.
Waters discusses the need for regulatory flexibility in financial oversight.
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I would like to request the ability to take a moment of personal privilege to acknowledge the announcement that our Full Committee Chair, Chairman McHenry, will be retiring at the end of this term.
I have long raised concerns about Big Tech's expansion into financial services.
Oh, thank you very much, Mr. Chairman, and I appreciate the practice sessions that you have afforded to all of the Members.
House Republicans have put forward proposals that only exacerbate the problem.
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