Richard Cordray: “Congress clearly indicated its purpose, to protect servicemembers in this area, and the rules did not get that job done.”

If we're not getting value for that money, we should not be spending it.

Look, I understand that you want to make a speech and I appreciate that, but there is no comparison between the NSA and the CFPB.

I try to treat my employees the same way we will treat financial institutions--commend them on things they do well, and criticize them on things they don't do well, and treat them fairly based on the facts.

$11 billion turned back into the economy, in the hands of ordinary working people, is pretty good.