The purpose of the consumer protection agency, as I see it, is to give consumers a fighting chance in the credit marketplace.
So let me say two things very quickly on that. We have a Web site that is up and running right now, www.consumerfinance....
Congressman, we are not there yet. We will go for the first time--next Thursday is the first day that we will be statuto...
I am not able to negotiate or discuss the settlement negotiations with you in any way, shape, or form. I am sorry.
I am always engaged in trying to persuade people that my point of view is right.
I just think there is a lot of evidence that they have not had a fighting chance in the credit markets over the last dec...
I actually want to start with COO because in the way I understand this, this becomes even more important.
You could have the laws in place, but if the people on the other end of the phone are not aware of them or are not apply...
Well, it's set up to have oversight in terms of its money.
By Congress.
There's a whole process in place for this, that starts with research, that starts with community outreach.