The Republicans who opposed CFPB director's confirmation claimed that he would not be accountable. Well, he testified today before the House Financial Services Committee. Here's a quote:
Before I became Director, I promised members of Congress in both chambers and on both sides of the aisle that I would be accountable to you for how the Consumer Bureau carries out the laws you enact. I said that I would always welcome your thoughts about our work. I stand by that commitment. I am pleased to be here with you today to tell you about our work and to answer your questions.
The people who work at the Consumer Bureau are always happy to discuss our work with the Congress. This is the 15th time that we have testified before either the House or the Senate.
When a Bureau that is less than a year old has testified 15 times, does that sound like it's making an effort to be accountable?
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