On the recordDecember 1, 2023
Madam Speaker, finally, I want to address this ridiculous argument from my colleagues on the other side of the aisle who constantly cite this poll that they keep talking about, which Democrats wanted. They say, oh, the American people love the CFPB because it describes the CFPB as the Salvation Army or something. The truth of the matter is, if the poll was asked with the truthful information--that this agency drives up the cost and decreases the availability of credit, increases regulatory costs for small businesses, increases interest costs for Americans for their credit cards when they pay on time, decreases access to consumer credit, and is completely exempt from the appropriations process and totally unaccountable--if you ask the question the truthful way, the American people overwhelmingly say the CFPB is a failure.
Source
govinfo.gov
