John Carney actually said...

"I think that this legislation--this discussion draft would basically stop any effort by the CFPB, or any other agency, any other department, from really doing its job."

"I think that the purpose here is to gum up the works so that in the case of the CFPB, the Consumer Financial Protection Bureau, they cannot protect the consumer."

"The draft is overreaching. And I do think that we can come together around specificity, and talk about the regulations that we want to modify, change, or delete."

"I would like to see the CFPB be given more time to review its definition of rural and underserved areas."