Of course, Mr. Chairman. We would be delighted.

We have no present intention to ban a product.

Our first item that we are working on out of the box is to reduce the costs for the credit issuers, yes, sir.

There are a lot of tools available to make markets work better for American families.

The purpose of the consumer protection agency, as I see it, is to give consumers a fighting chance in the credit marketplace.

I actually want to start with COO because in the way I understand this, this becomes even more important.

There's a whole process in place for this, that starts with research, that starts with community outreach.

Yes, sir. That would be new regulations that would replace the older, complicated, more complex regulations.

The concern is, is that right now, they have a lot of rules that they're trying to put into place.

Yes, ma'am, that is right.

We don't set our own salaries. They're set by Federal statute.

Subprime lending, payday loans, and a host of predatory high-interest loan products that target minority neighborhoods should be called by their true names, legally sanctioned corporate plans to steal from minorities.