I don't want to overpromise, because I am not sure how many things you have read.

I think you may overstate the power of the director.

No, sir, it passed, and I believe there were--there was some bipartisan support, but I don't think it was overwhelming.

Oh, I apologize. I currently am the Special Advisor to the Secretary of the Treasury for standing up the consumer agency.

I am not able to negotiate or discuss the settlement negotiations with you in any way, shape, or form. I am sorry.

I have seen a letter that says 44 Senators will block any nominee to head up the Consumer Financial Protection Bureau unless the bureau is substantially changed.

I appreciate the advice, but actually, no. I think that what we should be doing is concentrating on the places where we can best make changes in the marketplace.

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.

One part of the agency that I am enormously excited about is that we will have bank supervision officers who will be in the banks.

Congressman, we are not there yet. We will go for the first time--next Thursday is the first day that we will be statutorily authorized to show up at the banks.

I want to say that, as best I can, we have gotten enormous support from the industry, from consumer groups, from banking groups for the process we are using to try to embrace everyone's participation in this and to give them all an…

Big corporate interests, led by the consumer finance industry, are devouring families and spitting out the bones.