People have reported weapons, fighters. Libya has a history of exporting fighters to syria through turkey. It was flush with weapons. Nato flooded libya with weapons. Uae, qatar, they flooded libya with weapons. The arms caches were liberated. They went turkey into syria. We were more encouraging of it than stopping it. Why . S a said needed to gop hes an evil man. But we called the book one of the things that mubarak, kwa dar fi i need to give him credit for that. I was talking to him about libya and talking about libya and keeping the radical jihadists down. Kind of like keeping the lid on the garbage can. Mubarak, gadhafi, assad, they were imperfect, but they kept the lid on the garbage can. They were concerned and fighting radical jihadists. We created an environment for radical jihadists to grow, embracing the Muslim Brotherhood. Its not just over there. Were completing a report and were going to be putting a book out often this as well in the near future. We not only have embrace
The committee will come to order without objection. The chair is authorized to declare a recession of the committee at any time. The hearing is the annual report of the bureau of consumer for natural protection. I now recognize myself for three minutes to give an Opening Statement. Not that we need a reminder, but if theres one thing that the president ial campaigns of both parties have shown us, that the American People are indeed angry. They have a right to be angry. After seven years of obamanomics, they are suffering through a failed economic recovery. Americans are even angrier though at having their lives increasingly ruled by out of touch washington elites. Every day they see their liberties slipping away as washington grows more larger, more distant and more arrogant. As Thomas Jefferson warned, they are sending swarms of officers to harass our people. The poster child of jefferson is the cfpb. Its director, our witness is, neither elected nor accountable to the American People
Consumers. Our Enforcement Actions have based on careful and thorough investigations and most have identified deceptive practices by the parties involved. During this reporting period, the orders entered in our Enforcement Actions led to approximately 5. 8 billion in total relief for consumers victimized by violations of the law. These consumers are located in every one of your districts nationwide. Were also working to provide tools and information to develop practical skills and help people understand the choices theyll be making to manage the ways and means of their lives. Our ask cfpb resource provides guidance to inquiries across the entire spectrum of consumer finance. Our major moment in time decisional tools include paying for college, owning a home and planning for retirement. We developed the new partnership with the Financial Services round table to Work Together on Financial Education in the schools, in the work plates and on behalf of older american which is proving to be
The decision that requires me to set aside shortterm expediency and there are politics so as to maintain faith with our founders and perhaps more importantly with future generations. And that is why over the past several weeks, i have done my best to set up a rigorous and comprehensive process. I have sought the advice of republican and democratic members of congress. We have reached out to every member of the Senate Judiciary committee, to constitutional scholars, to advocacy groups and bar associations representing an array of interests from all across the spectrum. And today, after completing this exhaustive process, i have made my decision. I have selected a nominee who is widely recognized not only as one of americas sharpest legal minds, but someone who brings to his work a spirit of decency, modesty, integrity, evenhandedness, and excellence. These qualities and his long commitment to Public Service have earned him the respect and admiration of leaders from both sides of the ais
Now on booktv Thomas Stanton argues the main difference between companies that successfully made it through the 2008 financial crisis and those that didnt was the willingness of upper management to listen to feedback before making decisions. This is about an hour and 15 minutes. Good afternoon and welcome to the cato institute. I am the director of Financial Regulation studies at cato. I am also honored to serve as moderator for todays book form. Reading press coverage of the financial crisis one comes across phrases such as banks did this and banks did that. These generalities, there was no response to the financial crisis or events that preceded it. To confirm took different approaches and several ceos and their boards made poor decisions, others made good decisions, prudent decisions and sometimes brilliant decision that not only saved their firms but about and to gain market share come out stronger than ever. In my own riding i tend to place considerable emphasis on the poor Public