I think one of the most important parts of this is the consumer agency said--when credit card companies, for example, got caught cheating people, it said to those credit card companies: Look, you have people's addresses to be able to cheat them. Now you have people's addresses to send them checks to pay them back. It is as the Senator said. It was like a warning shot to everyone else out there cheating consumers. It said that this agency is on the level. This agency is tough. So I think there are millions of Americans who don't get cheated, who don't get tricked in one scam or another because we have a real watchdog out there--someone who is on the side of the American family.
Elizabeth Warren: “I think one of the most important parts of this is the consumer agency said--when credit card companies, for example…”
On the recordDecember 2, 2015
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