I was on the Dodd-Frank conference committee, and I was one who carried the amendment that said that there would be an exclusion for activity within the jurisdiction of the CFPB dealing with the auto industry.
Garrett discusses his role in the Dodd-Frank legislation regarding auto industry regulations.
Share & report
More from Scott Garrett
If you are an audit committee making a selection of an audit firm--you might want to know.
Knowing now what happened, did you have the authority in your area? They all said, 'Yes, we did.'
For too long our financial regulatory system has been governed by global networks of really detached elites who believe they are smarter than the market and the people when it comes to allocating and assessing risk.
Conducting a thorough and robust overview of this Council is one of the most important things that this committee can be doing right now.
Other voices in this conversation
