Daniel Akaka: “We are especially appreciative of Senator Burr's leadership in crafting and introducing this legislation.”

Financial literacy and consumer protection issues are very close to my heart.

I am proud of the work we have accomplished on this Committee through both legislation, such as the Dodd-Frank and the Credit CARD Acts.

Thank you, Chairman Brown. Thank you very much for holding this hearing today and for all of your work on consumer protection issues.

I fought to include a report on remittance transfers in the Dodd-Frank provisions.