Daniel Akaka: “Would you elaborate on the line of concerns and corrective actions that should be implemented?”

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

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

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

That is why I have worked hard during my time in Congress to educate, protect, and empower consumers.