And still working on trying to figure out what to do next. at the most extreme criticism when we look at the environment and the example of dr. david dao, the question is did the airline do airlines have too much leeway legally to do more than what we might experience in other consumer transactions specific to airlines now? i think the biggest issue is the empathy we have to feel for those employees. those are to professionals. they were asked to do something unprofessional because that was in their handbook. when a handbook becomes handcuffs and when a ceo doesn t empower his people to make the right decisions, so i m not sure that the question is that they have too much leeway. i think the question is they re not able to execute with the leeway they have. is it a requirement to change the laws then? we can see they re changing company policy but do laws need to change? start with the culture and change the cultural and say we train you for hours, you go through six weeks of
Protect consumers. this bureau will have broad powers to limit what financial products and services can be offered to consumers. as i say that, i think of anthony weiner. trying to protect consumers from goldline? yeah. wow! go to weiner-facts.com for more on that. so it s supposed to help you. here is what it will do. reduce choices and likely make credit more expensive and harder to get. also allows them to you ll love this track consumer transactions. now they can just track your credit card, baby. isn t that great? non-financial officials are subject to financial regulation. listen again how broad this section is. this is section 102. it defines a non-bank
Counterproductive. so they agree something needs to be done but many, many questions about what and how it make it better, megyn. megyn: it sounds like a sweeping power. there are a lot of sweeping powers in here. one is to look at consumer transactions, all the consumer transactions in the economy. many worry that is much too intrusive. it would also give the fed and other regulators powers to go into a firm and tell it to divest certain assets, actually go in and say we don t like your behavior, you have to sell this, or even break up the firm if they think it s engaging in risky behavior. listen to this: it s really the difference between regulator a market, which at this point, people are conceding, and stepping into the market and deciding in place of the people in the market, what s good and what s bad. congress doesn t have any idea exactly what it is that they should stop, but they know that they should stop something, and so they re creating a bill to give unbounded po
Protect consumers. this bureau will have broad powers to limit what financial products and services can be offered to consumers. as i say that, i think of anthony weiner. trying to protect consumers from goldline? yeah. wow! go to weiner-facts.com for more on that. so it s supposed to help you. here is what it will do. reduce choices and likely make credit more expensive and harder to get. also allows them to you ll love this track consumer transactions. now they can just track your credit card, baby. isn t that great? non-financial officials are subject to financial regulation. listen again how broad this section is. this is section 102. it defines a non-bank