It boggles my mind that instead of seeking to regain public trust, if only for self preservation, these institutions continue to evade the law and point at the CFPB and the Dodd-Frank Act and cry foul.
Rubén Hinojosa: “It boggles my mind that instead of seeking to regain public trust, if only for self preservation, these institutions…”
Editor's note · Context
Hinojosa criticizes financial institutions for avoiding accountability.
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But it was interesting to me that the same arguments that I hear my friends on the other side of the aisle that businesses will close and things will go to hell just didn't pan out.
Just last month, we celebrated six years since ACA's enactment and celebrated the 20 million previously uninsured Americans who now have access to quality, affordable coverage.
In 2009, prior to ACA, 40 percent of the families in my congressional district were uninsured. Today, in 2016, only 20 percent are uninsured.
I thank the gentleman. I gladly accept his offer, and I look forward to working together to promote financial literacy, especially with respect to auto financing. Mr. Chairman, I urge my colleagues to support H.R. 1737.





