Barney Frank: “I do not think that private citizens should pick other private citizens with no intervention from any electoral process.”

Well, I--look, there are people who think Elvis is alive, but I don't think that's accurate.

No one doubts that if a change in administration comes and the new President disagrees with the existing Director, he or she can be removed.

I urge staff to pay close attention to the differences in products offered by nonbank institutions and to be mindful of Congress's intent in financial reform that State consumer protection laws be preserved to the extent possible.

The Consumer Financial Protection Bureau may not exercise any rulemaking, supervisory, enforcement, or any other authority including any authority to order assessments over a motor vehicle dealer that is predominantly engaged in the sale…