02/13/2012
https://www.congress.gov...
"to say there is no oversight is, I think, a bit of a reach"
"That is why we created the CFPB. Its job is clear: to fight for hardworking families against unfair, abusive, and deceptive practices, the tricks and traps that some financial institutions design in o..."
"The lesson from 2008 is simple: If we do not protect hardworking Americans from powerful Wall Street banks and financial scammers, it can bring down our entire economy."
"Congress should not fall for it. We have seen that the CFPB can be a real, positive voice and force for American consumers."