And here on cspan we take you live to the House Financial Services committee. Theyre holding a hearing this morning with the director of the Consumer Financial protection bureau, richard y,nebymra. Mr ilud. Anprlewi t dsn vla fts. Re renouheslledag t b t cdr wn cpl kreh. T w ty e u zea ouonie tt ul aesntece eeinmitihe trafo htel cy llr e athnt mrayth eerntdeen dusth tts nothfas. Eyonavg snd on weogdeilo erhaison e mpy ysheon do abo dy atel rg pblt miteyoaranttneanyoitoea mror u othcoui floon lsus ttnety b r e cpa c dpu ofts no ty ea. A t fts e bl. Uing mbee itn tms vel fedlas a s esi. Ha s o cas,it beulth. Chthtote oe io mrou. Rdy mrhuen uti, est tt mrdaout respsir ecwh wgecolatsndok pce a y aa. Uing y gu jt th pplwhd toemt guty yochgehe mrnt or oered he. Uiemiaon mrs st frtlen. Fa, at g g isooan ntmaha sndd atr. Li ek00learonan irod u,ir tnk ones ou rpoives a y a sp t crs a autouabit yr ari . Mrcora i puic evy mbpuics a coum. Ek blhmtf e do yochatulbeereondict t io, e nkvehe spsie ty
That accounts by wells fargo employees. This is just over three and half hours. The committee will come to order. We have a quorum here. I will begin with five minutes of opening statements. Mr. Quarter it, i know you are here at our committees invitation for statutory appearance, but i am otherwise surprised to see you here. Or have been many press reports saying that you would otherwise have returned to ohio to pursue a gubernatorial bid. Perhaps the rumors of your political aspirations are greatly exaggerated. On the other hand, im also surprised you are here, because as you are well aware the president can dismiss you at will. , you can berank removed for a cause. Either way, i believe the president is clearly justified in dismissing you. I call upon the president to do just that into doing immediately. There is no greater form of Consumer Protection than fostering competitive, innovative markets. And then also vigorously policing them for fraud and deception. A policing our market
Im going to be very brief here. I just want to say thank you to the mayor and the governor, most thertant a lot to think entire community in the entire state for coming together at this terrible time. Obviously, monthly fees are not going to bring their loved ones back, but the one thing they share is how much they appreciate the Community Coming together how much they appreciate all of the neighbors and friends and people all across the country offering to help. Prayers,thoughts and and took the mayor if theres anything we can do at the federal level to help your community heal, we will do it. The members of the oregon delegation feel the same way. Theyre paying a lot of attention to how the handle this. Theyre going to be tense moments as we go forward. Come will have to go together and figure out how to stop this from happening again. I very strong feelings about this because when we talk to ofse families, your reminded this could be your child. For your mom or your dad or your rela
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