Richard Cordray: “Americans may be free and are free to disagree with the law, but they are not free to disobey it.”

Disparate impact has been the law of the land for decades. It has been reaffirmed by the Supreme Court.

I know that everyone agrees that discrimination has no place in our economy.

To have a place to turn to, to come to this Consumer Bureau, to say the complaint in their own voice, and to make sure we will work with the company to try to get it fixed and they can get relief in many instances, that is really important…

We had known about these types of problems from our own sources, but if any institution feels that they can divide and conquer among the regulators, they should know that that is a mistake.