Mitch Daniels, the Governor of Indiana, used to say we are going to hit the bad actors with a sledgehammer but we are going to enable and empower the good actors to serve more Hoosiers and more Americans.

The Director has a kind of absolute power which would frighten most of us.

Good government should not be a partisan exercise.

I don't see anything in here that says I have to run a Yelp for financial services sponsored by the Federal Government.

We assumed for the sake of doing the budget that the tax plan is deficit neutral...

Our vision is to ensure that we can pay off our debt and deal with our trillion-dollar deficits in the years ahead.

The deliberative process within the executive branch will continue to play out in an iterative fashion.

long-term workforce reductions.

I am not in the business of quashing information. I want as much information as I can get.

I do not know how often executive agencies come to you and say, 'Please, please, give me more IG oversight.'

I think in the long run it serves this agency, this Bureau, better to have our own IG.

The inquiry, the sunshine that is attached to the appropriations process does not apply here.

I think he tried to make the insinuation that we were not enforcing the UDAAP statute. That is not true.

I want to make it clear that I am going to answer every question that I can today.

If Yucca is not the answer, let us work together on finding an answer, because the temporary fix we have now is fraught with risk.

We do not have the ability to make law. That is not what we are supposed to do in the executive branch.

I am open-minded to other resolutions. I am not trying to beat up on Nevada.

Regulation by enforcement is done. We are not doing it anymore.

I do not comment on how OIRA functions.

there is no reason for this Bureau to be a black hole, as you put it, Senator, in order to conduct that mission.

I think that it actually generates money.

Please put the Bureau on appropriations. Seriously.

I think there is an appropriate Federal role in protecting consumers. That does not mean that you have to do it through the Bureau of Consumer Financial Protection.

When it comes to enforcement, we will focus on quantifiable and unavoidable harm to the consumer.

We just want to be good bureaucrats and implement the law.