Mr. Chairman, thank you for yielding. Madam Speaker, just to be clear, the bill that is before the House today is not a repeal bill of the CFPB. It is a modification, a reform package to the CFPB. So when my colleagues and friends across…

Mr. Speaker, collecting information from the American people and their phone records is one thing, knowing who you call and when you call them. It is something far different, Mr. Speaker, when you see how they spend, where they spend, when…

Thank you, Mr. Chairman, for yielding time. As both you and the gentleman from Delaware mentioned, it is pretty remarkable that on the Financial Services Committee, a committee which comes together and doesn't always agree on the…

Mr. Speaker, I thank the gentleman from Texas for yielding to me. I am hearing the arguments from across the aisle about how the Consumer Financial Protection Bureau is protecting consumers and protecting America from unfair practices and…

if there have been security breaches or cyber attacks, that necessarily hasn't been made public.

I appreciate that. And I will take you up on the offer to meet with me privately.

I think earlier you said one of the main goals that you have is to be responsive: 'We want to keep Congress informed.'

I think it is disrespectful to the elected body to not provide those reports as required.

I am fearful that the way this rule is written, low-income and moderate-income minorities who had an opportunity previously to work with a community banker to get a mortgage to buy a house are the ones who are going to be left out.

I think today there are people who should qualify, after the QM rule, who now won't be able to get a loan.

I understand the push, after the financial crisis, to have some form of a qualified mortgage rule.