Chris Van Hollen

Well, that is obviously a good-news story for the economy.

For lower-wage workers, the people who are working paycheck to paycheck, real wages are up.

Congratulations to all three of you on your nominations.

Congratulations to all three of you on your nominations.

I very much support the decision you and your colleagues made to pause the increase in interest rates.

For lower-wage workers, the people who are working paycheck to paycheck, real wages are up.

Well, that is obviously a good-news story for the economy.

Congratulations to all three of you on your nominations.

I think we need a surge effort in this area.

I worry that we, the United States, and even our allies are perceived in some cases of over-promising and under-delivering.

In my view that represents a retreat around the world at a time that we need to be more engaged, not less engaged.

It is absolutely nuts to account an equity investment as a PEER Grant, nobody in the private sector would think that makes any sense.

But you can't do this on the cheap, and you can't do it with rhetoric and no resources.

I think we need a surge effort in this area.

I worry that we, the United States, and even our allies are perceived in some cases of over-promising and under-delivering.

In my view that represents a retreat around the world at a time that we need to be more engaged, not less engaged.

It is absolutely nuts to account an equity investment as a PEER Grant, nobody in the private sector would think that makes any sense.

But you can't do this on the cheap, and you can't do it with rhetoric and no resources.

I have long been a supporter of the FedNow system, because I think that folks who are living paycheck to paycheck, wage-earners should be able to get immediate, real-time access to their money.

There are good actors in this space that are playing by the rules, but it is kind of the Wild West out there still

Senator Brown and I teamed up and we worked on a CRA that overturned the Trump administration's rent-a-bank law that we thought opened the floodgates even further to this kind of price gouging.

If you do not have a cop on the beat who is trying to make sure everybody plays by the rules, it actually creates an incentive to a race to the bottom.

I have long been a supporter of the FedNow system, because I think that folks who are living paycheck to paycheck, wage-earners should be able to get immediate, real-time access to their money.

Your team, for your leadership, the CFPB plays an essential role in defending American consumers against some powerful financial interests that want to take advantage of consumers.

In my view that represents a retreat around the world at a time that we need to be more engaged, not less engaged.