Ayanna Pressley: “I just think it is important to remind my colleague across the aisle that consumers are being harassed aggressively, and…”

“I just think it is important to remind my colleague across the aisle that consumers are being harassed aggressively, and many of them did not even incur the debt for which they are being harassed. So we need to close these loopholes. The current rule is rife with loopholes and carveouts and will open the floodgates for debt collectors to further bombard consumers. My amendment will ensure that the Consumer Bureau continues to put consumers first and protects them from relentless harassment. We simply want this data to be accessible on a quarterly basis because it will make it easier. The Consumer Bureau is an independent agency, and it needs to continue to operate as such. Under Dodd- Frank, the Director is required to report to Congress annually, and the GAO office is required to annually audit the agency's finances. The efforts of my colleagues on the other side of the aisle are intended to weaken this agency. Madam Chair, I reserve the balance of my time. Mr. McHENRY. Madam Chair, I am prepared to close.”