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Barney Frank actually said...

this notion that the Director cannot be removed is fanciful.

Context

Frank asserts that the CFPB Director can be removed under certain conditions, countering misconceptions.

02/14/2012

https://congress.gov...

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The need for regulation seems clear, and I think we should understand that this is, to a great extent, part of a historical pattern.
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Our organizations have strongly endorsed President Obama's proposal regarding what should be the agency's jurisdiction.
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If the CFPA is to be effective in its mission, it must be structured so that it is strong and independent.
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Senators Durbin, Schumer, Kennedy and Dodd offered the first legislative proposal to create a consumer financial agency.
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View All Barney Frank Quotes

Barney  Frank
out of office

usa, Massachusetts

378 Quotes

PartyDemocratic

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