I hope that by revealing this information they will be able to better evaluate whether or not that is appropriate for them.

I know you appreciate that a slap on the wrist is not enough, and if the OCC and the Fed are confident that these are good settlements, I think it helps everyone if the information is out there.

I ask unanimous consent that the order for the quorum call be rescinded. The ACTING PRESIDENT pro tempore. Without objection, it is so ordered. Consumer Financial Protection Bureau

I rise today to speak about the Consumer Financial Protection Bureau and the renomination of Rich Cordray to serve as its Director. Several years ago I began working on the idea for a consumer finance agency because our consumer credit…

I rise in support of the senior Senator from Arizona and to support the 21st Century Glass-Steagall Act. I am honored to join Senators McCain, Cantwell, and King in introducing this bill. I particularly commend Senator McCain for his hard…

when I was here back in February and I asked the question about when is the last time you took a large financial institution to trial, the answer was not good and it confirmed the worst fears of the American public.

if you had real confidence in your settlements and that if people could see the details of those settlements, what the banks did wrong and how we determined--how you determined how much money would go to individual people, then the public…

Now, I think the same principles that apply to the SEC enforcement would also apply to other regulators.

I understand it is different when you have supervisory responsibilities, but you have a responsibility to see to it that this law is going to be enforced.

So now we propose a 21st Century Glass-Steagall so that we can return to the basics and try to keep the gamblers out of our banks.

But despite this progress, the four largest banks are now 30 percent larger than they were just 5 years ago and they have continued to engage in dangerous high-risk practices.

I detect in that some change and I appreciate it