Congressman, this is the guidance that Congress has given.
So far as I know, there is no agency anywhere in the Federal Government whose rulings, once arrived at through the full ...
And in response to this crisis, with overwhelming support from the American people, we created the CFPB, and it is caref...
We have already begun the process of hiring some people.
I ultimately believe that the real partners for this agency will be families all over this country.
I think in the creation of the Consumer Financial Protection Bureau, Congress made some very smart moves.
It is statutory language that you are asking.
Congressman, we will go through the process of interpreting the language that Congress has given us.
We are trying to get this product right, and we have had a lot of cooperation from the credit card companies.
As Congress has known since the middle of the 1800's when they made the decision in the establishment of the first bank ...
There was an astonishing abuse of power, of confirmation power in the Senate.