Jeb Hensarling actually said...

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.

I do want to thank Mr. Renacci for his legislation, which I think does take us in the direction of making credit reports more complete.