Barney Frank said...

I originally wanted it to be a single director. The intraparty votes in the House... wanted it to be a commission, so we compromised.

Frank explains the decision-making process regarding the leadership structure of the CFPB.

07/22/2014

More Barney Frank Quotes

If you're going to dip your fingers in the Federal till, don't complain if a little democracy rubs off on them.

I think it is clear that Fannie and Freddie are sufficiently secure so they are in no great danger.

I do guard the station. I hope you're not, Representative Mulvaney, equating a tax exemption with a Federal grant.

I was one of three Members of the House who voted against that. Three of us, Ron Paul, Dave Wu, and I voted to allow thi...