Daniel Akaka: “Unfortunately, key pieces of this foundation have serious cracks that need to be fixed.”

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

We must also reaffirm and acknowledge the Department of Education's Federal trust responsibility for American Indian and Alaska Native students.

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

When Americans make wise economic decisions and are protected from bad actors, our economy and Nation are stronger for it.