Tim Scott actually said...

"Unfortunately, the Consumer Financial Protection Bureau, or the CFPB, is a notable exception. It is not accountable to Congress or the American taxpayer through the appropriations process."

"the fact of the matter is that some fees are, as I said in the opening statement, it provides discipline, financial discipline."

"Thankfully, our Government has a system of checks and balances, one of which includes congressional oversight and the power of the purse--appropriations."

"I am still very concerned about that, and frankly, this approach not only circumvents Congress, but it takes the public's chance away to comment and provide feedback on the CFPB's proposals."