06/15/2015
https://congress.gov...
"One of the landmark achievements of the Dodd-Frank Wall Street Reform Consumer Protection Act was the creation of the Consumer Financial Protection Bureau."
"Hon. Janice D. Schakowsky, a Representative in Congress from the State of Illinois, opening statement."
"Consumers can only realize the full benefit of FinTech if we have reasonable safeguards in place to prevent abusive practices, secure personal information and protect consumers from fraud."
"So it would be a tremendous loss to consumers to have its capacities diminished and particularly as my colleague here to the left said about its UDAAP authority."