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state of affairs. >> is mr. cordray a good guy? is he qualified? he's a former attorney general of ohio. we never heard any complaints about him before. all of a sudden he's a no go. what's happening here? >> what's happening here. as you mentioned, elizabeth warren would have been my preferred leader of that agency. but she is running and i think running well for the u.s. senate. we hope she wins. everything that i've heard about cordray is that he is strong. he is a consumer advocate. and that for them, ed, is precisely the problem. if it comes to whether or not banks can charge you 25% or 30% interest on your credit card or if you can have somebody in your corner fighting against usury, well, i guess the republicans are pretty clear which side they are on. whether you're going to have a fair deal when you have a mortgage and not get ripped off as so many millions of american people have. >> yeah. >> or you protect the banks. they have made it clear which side they're on. >> is he just the man in the bullseye right now? they would say no to anybody. >> absolutely. >> they don't want this agency

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