Barney Frank, who is taking the lead for the Democrats, said to reporters of John McCain, he's saving us from a deal we're about to make. We're trying to rescue the economy, not the McCain campaign.
Frank comments on McCain's involvement in the bailout negotiations, suggesting that McCain's presence is hindering progress.
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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…
We are talking about dismantling the one and only consumer protection agency that we created.
I do think there is a tendency for an overreach by the FSOC. I do not think straightforward insurance companies or money managers should be covered and regulated as SIFIs.
I look forward to congratulating you, Mr. Chairman, on a fourth anniversary coming up.
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