Barney Frank: “I appreciate it. I don't contest anything he said. But I would say it did seem to me, as I looked at it in a neutral…”

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.

Congress generally, and this subcommittee in particular has historically played a critical role in strengthening accountability at the World Bank.

For example, there are key differences in product characteristics between payday, car title, and other high-cost secured loans and more traditional closed-end unsecured lending and related products, and the products are often regulated…

People around the world have learned they can claim asylum and remain in the U.S. indefinitely to pursue their claims.