We have got people who are withdrawing a lot of their applications, capital investments not going forward in our coal mining region because of the difficulty with the permitting issues.

I want to thank you. I am Shelley Moore Capito from West Virginia.

I think it could be really devastating.

I think that's the question, because you have all sorts of regulatory participation in a lot of different ways.

So again, we're pushing business out of the community bank into the big four, I think you both mentioned in your testimony that the big four has what, like 43 percent of the business--

a one-size-fits-all regulation is not appropriate in this arena

Personally, I don't believe it is a good thing, and I'm worried about that for our customers, for our consumers and for the folks that you represent.

Republicans have offered common-sense proposals that provide for greater congressional oversight of an agency that will be spending hundreds of millions of dollars each year without compromising the core mission of protecting--a shared mission, I might add--consumers.

Many of my colleagues on the other side of the aisle like to highlight the number of times the CFPB has testified as proof positive of sufficient congressional oversight.

I believe that the appraisal process is absolutely essential and so important to the mortgage process...

Many of us in this room have been through this process and we know it is daunting.