On the recordJuly 7, 2016
I would just thank the gentleman for giving some free advertising there to the agency and proving my point: that we don't need to spend over $15 million of taxpayer money on this. All these services are available already online. Consumers can find this information. This is about fiscal responsibility and accountability. We weren't even aware that the CFPB was spending this amount of money. As the chairman mentioned, there is no accountability for the agency. So Congress didn't know until a newspaper article did an investigation on it. That is how we became aware that this agency has spent 2.5 percent of its budget this year on ads, the second-highest level among all Federal departments and comparable regulatory agencies for this year to date. So this is egregious. There is no accountability. It is not needed. So I would urge my colleagues to support this amendment. I reserve the balance of my time. {time} 1945
