Chuck Schumer actually said...

We have seen in debates over funding for the SEC and CFTC some Members of Congress use the power of the purse, not just to hold agencies acc...

Look, I went through this. For 10 years I tried to get the Fed to do a 'Schumer Box,' credit card disclosure.

I want to echo the comments from Senator Reed and many other of my colleagues about the need to preserve independent funding for the CFPB.

Disclosure is how the economy is supposed to work.