Ultimately--
It seems to me if we were talking about rate caps, that would be an appropriate place for Congress to set the larger pol...
Congress will set the standards for this agency, and then ask the agency to go and use its rulemaking authority.
What this agency does is it picks up all of those regulatory burdens that are there now.
If we make the real point about disclosure, can the consumer accurately understand what you have just done?
Excuse me, Congressman. They are not interested in consumer protection.
That is right, that is what is proposed.
I will start by saying the person who was talking about banning products actually wasn't me; it was Mr. Yingling who emb...
We return to the same themes that we started with our very first report about transparency, accountability and clarity t...
If the banks are not in a stronger financial position, they will not lend.
If we go back to a world where the basic consumer financial products are just steady, and they are just plain vanilla, t...