Newsroom | Consumer Financial Protection Bureau

Testimony

Published JUN 18, 2013

Chief Financial Officer Agostini Before the House Financial Services Committee

Thank you Chairman McHenry, Ranking Member Green, and distinguished members of the subcommittee for the opportunity to participate in today's oversight...

By Stephen Agostini

Personnel

Testimony

Published MAY 21, 2013

The CFPB Before the House Committee on Financial Services

Thank you Chairman Capito, Ranking Member Meeks, and members of the Subcommittee for this opportunity to testify about the Bureau's...

By Peter Carroll and Kelly Cochran

Mortgages

Testimony

Published MAY 16, 2013

The CFPB Testifies Before the House Committee on Energy and Commerce

Thank you Chairman Terry, Ranking Member Schakowsky, and distinguished members of the Committee for the opportunity to speak with you today about the Bureau...

By Gail Hillebrand

Older Americans

Testimony

Published MAY 06, 2013

Corey Stone at the Senate Commerce Subcommittee of Consumer Protection, Product Safety, and Insurance

Credit reporting plays a critical role in consumers' financial lives. Credit reports on consumers' financial history and behavior can determine their...

By Corey Stone

Testimony

Published APR 22, 2013

Testimony of Richard Cordray at the US Senate Committee on Banking, Housing, and Urban Affairs

The report illustrates the ways we are using the tools Congress has provided us to empower consumers and promote a fair, transparent, and competitive...

By Richard Cordray

Testimony

Published MAR 11, 2013

Director Richard Cordray Before the Senate Committee on Banking, Housing, and Urban Affairs

Chairman Johnson, Ranking Member Crapo, and members of the Committee: I am honored to be here once again as the nominee to serve as the Director of the CFPB.

By Richard Cordray

Testimony

Published FEB 13, 2013

Written Testimony of Director Richard Cordray Before the Senate Committee on Banking, Housing, and Urban Affairs

Congress created the Bureau in the wake of the greatest financial crisis since the Great Depression. Our mission is to make consumer financial markets work...

By Richard Cordray

Mortgages

Testimony

Published DEC 18, 2012

Written Testimony of Corey Stone before the Senate Financial Institutions and Consumer Protection Subcommittee

The industry is critical in our economy. It promotes access to credit that consumers can afford to repay. Without credit reporting, many consumers likely...

By Corey Stone

Credit reports and scores

Testimony

Published NOV 15, 2012

Written Testimony of Hubert H. “Skip” Humphrey III Before the United States Senate Special Committee on Aging

Our Office's statutory mandate is to help provide consumers aged 62 and over with the tools they need to protect themselves from financial abuse and to make...

By Skip Humphrey

Older Americans

Testimony

Published SEP 19, 2012

Written Testimony of Richard Cordray Before the U.S. House of Representatives Committee on Financial Services

Through our regulatory tools, we have proposed smarter rules that will help fix the broken mortgage market with common-sense solutions. We are writing rules...

By Richard Cordray

Testimony

Published SEP 12, 2012

Written Testimony of Richard Cordray Before the United States Senate Committee on Banking, Housing, and Urban Affairs

As the report shows, we have been using all of the tools at our disposal to help protect consumers across this country. We pledge to continue our work to...

By Richard Cordray

Testimony

Published AUG 01, 2012

Written Testimony of Richard Cordray Before the House Committee on Small Business

Small businesses are a critical growth engine for our economy and an essential source of financial services for many consumers. For this reason, the CFPB...

By Richard Cordray

Mortgages

Testimony

Published JUL 24, 2012

Written Testimony of Richard Cordray Before the House Oversight and Government Reform Subcommittee on TARP, Financial Services, and Bailouts of Public and Private Programs

Over the next six months, we will be proposing and finalizing sound rules, most of them required by Congress, to address each stage of the mortgage process...

By Richard Cordray

Mortgages

Testimony

Published JUL 24, 2012

Written Testimony of Rohit Chopra Before the Senate Committee on Banking, Housing, and Urban Affairs

For millions of Americans, student loans have opened doors to a college degree— offering new opportunities to create a better life. But the rapid growth of...

By Rohit Chopra

Students

Testimony

Published JUL 18, 2012

Written Testimony of Raj Date Before the House Financial Services Subcommittee on Financial Institutions and Consumer Credit

I'd like to talk to you today about how the CFPB is fulfilling its mission to help consumer finance markets actually work – for American families, for...

By Raj Date

Mortgages

Testimony

Published JUN 20, 2012

Written Testimony of Raj Date Before the House Financial Services Subcommittee on Insurance, Housing, and Community Opportunity

Today’s hearing is focused on the Bureau’s efforts to combine the various federal disclosures that consumers receive when taking out a mortgage loan.

By Raj Date

Mortgages

Testimony

Published JUN 06, 2012

Written Testimony of Richard Cordray before the Senate Banking Committee

This is the 18th time that the Bureau has testified before either the House or the Senate, and I am pleased to be here with you again today. My testimony...

By Richard Cordray

Banking

Testimony

Published JUN 06, 2012

Testimony of Gail Hillebrand before the House Subcommittee on Financial Institutions and Consumer Credit

That rule implements the general ability to pay provision of the Credit CARD Act. The CARD Act addresses a series of problems that existed in the credit...

By Gail Hillebrand

Credit cards

Testimony

Published APR 26, 2012

Testimony of Camille Busette before the Subcommittee on Oversight of Government Management, the Federal Workforce, and D.C.

To successfully navigate our complex financial system, all Americans, regardless of income and level of educational attainment, must be equipped with the financial knowledge and skills sufficient to make informed financial choices.

By Camille Busette

Testimony

Published MAR 28, 2012

Testimony of Richard Cordray before the U.S. House of Representatives

I want to thank you for this opportunity to testify on the first "Semi-Annual Report of the Bureau" detailing the Bureau's accomplishments in its first six...

By Richard Cordray

Testimony

Published FEB 15, 2012

Testimony of Richard Cordray Before the U.S. House of Representatives Committee on Financial Services

We are committed to fulfilling our statutory responsibilities and delivering value to American consumers. This means being accountable and using our...

By Richard Cordray

Banking

Testimony

Published JAN 31, 2012

Testimony of Richard Cordray Before the U.S. Senate Committee on Banking, Housing, and Urban Affairs

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...

By Richard Cordray

Testimony

Published JAN 24, 2012

Testimony of Richard Cordray before the Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs

Moreover, we need and want to hear from you. At every stage, I believe that input from Congress will help improve our work and our ability to deliver real...

By Richard Cordray

Testimony

Published NOV 15, 2011

Testimony of Hubert H. “Skip” Humphrey III Before the Senate Subcommittee on Financial Institutions and Consumer Protection

Now I look forward to putting these past experiences to good use in helping our nation’s senior consumers in the financial marketplace.

By Skip Humphrey

Older Americans

Testimony

Published NOV 02, 2011

Testimony of Raj Date: The First 100 Days

Our mission at the CFPB is to help consumer financial markets work by making rules more effective, by consistently and fairly enforcing those rules, and by...

By Raj Date