Political Quotes

Mike Cloud: So as limited as Mr. Mann's study is, your understanding is that his understanding of the data was that customers by and…

On the recordMay 15, 2019
So as limited as Mr. Mann's study is, your understanding is that his understanding of the data was that customers by and large knew what they were getting into and they were able to predict when they would have--when they would be able to pay back their loan, but somehow the Bureau flipped the equation on that?
Said by
Mike Cloud
Republican · Texas

Editor's note · Context

Michael Cloud questions the Bureau's interpretation of consumer understanding regarding loans.

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