I think we know how that all played out.
I would agree with the ranking minority member that it is a very open question whether Basel III should even apply to our community-based fi...
It is a very poor case for more complex capital standards that do not recognize the difference between large money center banks and our comm...
Clearly, the case can be made that we need more capital.
We cannot solve our problems with the same level of thinking that created them.
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.
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.
I have yet to see a reform plan for entitlement spending out of this Administration.