It is really symbolic.

the shareholder, the American taxpayer, should be confident that their money is being spent wisely.

I guess with what we have heard today with this testimony is that the Consumer Financial Protection Bureau is one of the most unacceptable and most unaccountable agencies in the history of the United States.

I have all these are comments just like the ones you just heard from, from hardworking Americans who have actually benefited from prepaid cards.

This rule doesn't solve a problem; it just creates a big problem.

I have introduced a CRA that would pull back on this disastrous rule.

Did the CFPB base the prepaid rule off complaints received?

Did you consider the thousands of positive comments you received from prepaid customers around the country?

I am here today to tell you that I am not going to be distracted. This is wrong. I will continue to fight for those who live on a thin economic margin.

The reality is, bank staffs are assessed by the volume of their lending, dollars of money lent.

It isn't working for Main Street America, of which I am a member, and it isn't working for the American taxpayers.