Elizabeth Warren actually said...

"It is a 'no.' We already have our first example of what we are doing lowers compliance costs."

"We need a budget because these are very large and powerful financial institutions who hire armies of lawyers to design financial products that can't be read by ordinary American families."

"Yes, ma'am, that is right."

"Oh, Congressman, you hit on a very important question. As you rightly know, it is consumer credit that we do at the Consumer Financial Protection Bureau."