My friend is unfair to the Republicans, because they do create more jobs in this bill. The CBO says this bill will cost $71 million because instead of the single administrator, they want to create four more bureaucrats, with more staff. CBO says this will cost $71 million. So, in fact, there are some jobs they're going to create. They will be for bureaucrats who can dilute the activity of the consumer bureau. {time} 1400
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This bill--and I will differ specifically with Mr. Labrador on this--empowers people to take my tax money and use it to do things and then exclude me and Jim from its benefit.
I think it is clear that Fannie and Freddie are sufficiently secure so they are in no great danger.
Congress generally, and this subcommittee in particular has historically played a critical role in strengthening accountability at the World Bank.
We are talking about dismantling the one and only consumer protection agency that we created.
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