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

I am always engaged in trying to persuade people that my point of view is right.

Yes, sir, I do.

Yes, ma'am, that is right.

Nearly every product sold in America has passed basic safety regulations well in advance of reaching store shelves. But credit products, by comparison, are regulated by a tattered patchwork of State and Federal laws that have failed to…

Let me begin by assuring the committee that at the CFPB we are working nonstop to build an effective organization, with the goal of making consumer financial markets work better for consumers and work better for financial services…

I have talked directly with community bankers in all 50 States.

I think you may overstate the power of the director.

We appreciate the committee's important oversight role and welcome the opportunity to respond to your interest in how the Bureau is being organized and operating.

We want to make prices clear, and we want to make risks clear.

I appreciate the opportunity to discuss that oversight today.