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Transcripts For CSPAN Key Capitol Hill Hearings 20150320

The funding does not come from congress. It comes from transfers. This is 600 million without congressional oversight over the agencies fund. Congressional oversight is a constitutional function. This agency has proven it is not a good steward for expenses. A prime example, the cost overruns of the headquarters currently. Inspector general estimated a cost overrun of that renovation. Current estimates put it at 600 per foot. That is more per square foot than the cost to build the bellagio casino. I enter it in for consideration. Thank you. Mr. Chairman. Senator enzi sanders. Senator sanders i speak in opposition to this. No other bank is subjected to regular appropriations. It is one way of singling out the one regulator which is a consumer advocate and this amendment would weaken an important agency. The copd has been successful. It has helped consumers who will receive relief from unsafe financial services. It has ordered consumer relief. I would urge a no vote on this of amendment.

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