"Our first item that we are working on out of the box is to reduce the costs for the credit issuers, yes, sir."
"Congressman, I suspect we will hear from them even before you do."
"But remember, this is an agency we are building over a very long arc."
"Whether or not there will be a day when a creditor will figure out, I can make a fast buck with something that is so lousy that the answer is it should actually be banned, that day could come."
"Of course, Mr. Chairman. We would be delighted."
"the most constrained and the most accountable agency in government."
"the role in ongoing mortgage settlement negotiations was limited to 'advice.'"
"Nearly every product sold in America has passed basic safety regulations well in advance of reaching store shelves. But credit products, by comparison, are regulated by a tattered patchwork of State a..."
"Thank you, Chairman McHenry, Ranking Member Quigley, and members of the subcommittee for inviting me today to testify about the work of the Consumer Financial Protection Bureau."
"Together, we can create a fairer system that works for families and works for the community banks..."
"It is up to the President of the United States under Dodd-Frank to make the nomination."
"I have tried to help the President in any way I can on the nomination process."