Jeb Hensarling actually said...

the CFPB has unbridled discretionary power not only to make them less available and more expensive, but to absolutely take them away.

Hensarling warns about the CFPB's excessive power over financial products.

01/27/2014

More Jeb Hensarling Quotes

Wouldn't they want to know what is lawful and what is unlawful? If an act is abusive, it would be unlawful.

You came before us 6 months ago as an unlawful appointee and probably an unconstitutional one as well.

I guess, Mr. Cordray, what is of concern here is whether or not the agency refuses to write a rule or is incapable.

I believe they are an incredibly important tool. They have helped democratize consumer credit; made it more egalitarian.