Political Quotes

“Madam Chair, I rise today in support of my amendment to H.R. 1500, the Consumers First Act. The Consumer Financial Protection Bureau is an essential agency that has protected millions of consumers and put more than $12 billion back in Americans' pockets. I worked in the Obama administration, in the United States Department of the Treasury, when the CFPB was first established in the wake of the financial crisis and saw firsthand how this agency has grown to serve as a force for accountability, transparency, and fairness on behalf of working Americans. That is why it is so important to restore and protect the CFPB from the attempts to weaken this critical agency. My amendment to the Consumers First Act ensures that community banks, credit unions, small business owners, or economic growth experts are appointed to serve as members of the Bureau's Consumer Advisory Board. The Consumer Advisory Board is a resource for the CFPB, providing the agency with expertise, analysis, and recommendations. We must keep the channels open to small businesses, smaller banks, credit unions, and community advocates. This amendment gives community- oriented small businesses a seat at the table when it comes to the CFPB's decisionmaking, while furthering the goal of ensuring our financial system works for everyone. We need that on-the-ground information. We need to hear from our small businesses.…”