This is a bipartisan issue, and hopefully we all come together and build a consensus around an important issue.
Since 2016, Wells Fargo has been cited and fined for fraudulently opening millions of deposit and credit card accounts.
Do you believe that consumer abuses as well as fraudulent and deceptive actions practiced by large financial institutions could pose a threa...
all Americans deserve honesty, integrity, and trust when it comes to placing their money in the banking system.
It is also time for Congress to take bold action to protect our constituents.
I think the OCC should take this important step, and the regulators should also consider it with you, Mr. Sloan.
I intend to reintroduce the Megabank Accountability and Consequences Act, a bill I first introduced in 2017.
We designed the CFPB to be an independent organization, outside the influence of Congress and, most importantly, from the Executive Branch.
Has the President given you any directive that you felt interfered with your authority as an independent regulator?
Have you conducted official CFPB business from within the White House since you have been sworn in?
Has Mr. Mulvaney or any other person from inside the Trump Administration given you a directive that you felt interfered with your authority...