Mick Mulvaney

I would be happy to take a look at it.

We do take that seriously, and seriously enough to put in our semi-annual report.

I see no reason to change the policy, Congressman.

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

We're going to spend a little bit more time on things like accountability and transparency.

I'm going to try really hard to try and fix that, to tailor regulations to the size and the sophistication of the various entities that we oversee.

I don't think anybody in this chamber would suggest that the community banks or the credit unions were the cause of the financial crisis.

I know how hard it is to get unanimous support in this chamber and on the House floor.

I'm a big fan of regular order, and the way that I think it's supposed to work... was that the Senate would pass a version of a bill.

I believe that to be the case. Yes, sir.

It is fair to say that I was hostile to the existence of the Bureau.

You have to change the statute.

I am going to enforce the law because that is what I get paid to do.

If you want to lend money to people and take a lower-than-market rate of interest, that is your business.

But my point is an appropriations process helps shed light on things, and y'all are voluntarily choosing not to do that, and I do hope you would remedy that situation.

There is simply a lack of transparency into the Bureau that would be brought to the fore by going through the appropriations process.

That we act a lot more accountably to you folks.

I think the Bureau screams out to be reformed.

Why y'all don't want to put me on appropriations, I just don't get it.

I think you should be allowed to know what the law is before you are accused of breaking it.

I just happen to think that that is wrong. That is that enforcement by--or regulation by enforcement that I talk about.

We are still going after bad actors.

Actually, nothing could be further from the truth, Congresswoman.

Our job is to enforce Federal consumer laws.

I hope so. That is what we are shooting for is a balance.