Isn't it true that without a Director the Consumer Financial Protection Bureau does have supervisory authority over large banks?
Bob Menendez
The Public Record
Robert Menendez is a prominent Democratic politician currently serving as a member of the United States Senate, representing New Jersey. He was first elected to the Senate in 2006 and has since been re-elected multiple times. Menendez has played a significant role in various policy areas, including foreign relations, immigration reform, and healthcare. He has served on several Senate committees, including the Senate Foreign Relations Committee, where he has been an advocate for human rights and democracy abroad.
It would certainly seem to me that community banks would think that is highly unfair.
I am going to be particularly interested in how, Mr. Cordray, you intend to balance the needs of consumer protection with the need for community financial institutions to provide loans to homeowners and to small businesses.
I want to thank Attorney General Cordray for accepting a nomination under very difficult circumstances and for his appearance here today.
I wanted to come to the floor to talk about the deal the Senate will vote on sometime later tonight or tomorrow. Before I do, I want to say to my distinguished colleague from North Dakota, the chairman of the Budget Committee, as always…
there are no easy answers to our current dilemma. The majority leader's proposal is the best option we have to overcome the bipartisan impasse. Failure to increase the debt limit is not an option. Working families cannot afford the…
we are creating a crisis in terms of getting access to capital and moving this marketplace and creating an economy that can thrive again.
I am concerned that if the qualified residential mortgage definition being worked out by regulators is not broad enough, it could hurt a housing market that is already suffering enormously in terms of being part of our national economic…
It should not be acceptable for the regulatory agencies. We are being told--we have been told by the regulatory agencies that that practice has ended, yet there are reports that it has not.
If Dodd-Frank is about anything, at the end of the day, it is about taking and creating transparency and a new era of transparency and openness...





