On the recordDecember 7, 2015
we have all learned the painful reality that markets do not regulate themselves, and a nation as powerful as ours must invest in regulation
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congress.govwe have all learned the painful reality that markets do not regulate themselves, and a nation as powerful as ours must invest in regulation
Ellison emphasizes the necessity of regulation to maintain financial stability.
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The CFPB is part of our response to that financial crisis, and the CFPB has been a wonderful partner to State Attorneys General and to American families.
I am concerned about the overreach of government regulators, as you just expressed, about how they use the discretionary powers that they have to drive down political instruction and decisions.