Ed Perlmutter: “So I guess my dynamics are between you and OMB (Office of Management and Budget), how does it really work?”

If there is anything that is built on trust, it is banking, and the banking sector lost a lot of trust in 2008.

Thank you. I yield back to the Chair.

This committee has heard reports of modern-day redlining, high and misleading fees, and unfair use of credit scores.

And I want to thank the panel and all your colleagues for your persistence and your perseverance with this project because it had a few ups and downs over the course of its life.