Janice Schakowsky actually said...

"The Wrong Choice Act would gut this critical consumer watchdog."

"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."

"Let me just say that I see this subcommittee as a place where we should be protecting the CFPB because we are designated to do consumer protection."

"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."