So let me make sure I understand. So there are some abilities to stand the organization up, but I think what you are stating today is there is absolutely zero ability to make rules as it relates to consumer protection that relate to the financial system.
Bob Corker: “So let me make sure I understand. So there are some abilities to stand the organization up, but I think what you are…”
Editor's note · Context
Corker seeks clarification on the limitations of the CFPB's rulemaking authority.
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