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CSPAN3 Consumer Watchdog Director Comes Under Fire At Oversight Hearing April 13, 2017

So again, we appreciate the indulgence of the director as well as other members here. At this point we are going to recognize the gentleman from washington for five minutes. Thank you, mr. Chairman, very much. Mr. Cordray, thanks so much for being here. The testimony from earlier in the day reminded me of a conclusion i had come to quite some time ago about what the best thing that could conceivably happen to congress would be. And it would be this. Fewer adjectives, more announce. Fewer decibels, more listening. So im going to endeavor to listen. I want to first provide you an opportunity maybe to follow up on mr. Lynchs line of questioning. Members of this committee represent in the aggregate an incredible number of Service Members. The following bases, white sands, ft. Hood, Patrick Air Force base, and my very favorite, joint base lewis mccord, which i have the privilege to represent. You seemed pretty rushed at the end of that discussion about what it is that the Affairs Office is

CSPAN3 Consumer Watchdog Director Comes Under Fire At Oversight Hearing April 13, 2017

So again, we appreciate the indulgence of the director as well as other members here. At this point we are going to recognize the gentleman from washington for five minutes. Thank you, mr. Chairman, very much. Mr. Cordray, thanks so much for being here. The testimony from earlier in the day reminded me of a conclusion i had come to quite some time ago about what the best thing that could conceivably happen to congress would be. And it would be this. Fewer adjectives, more announce. Fewer decibels, more listening. So im going to endeavor to listen. I want to first provide you an opportunity maybe to follow up on mr. Lynchs line of questioning. Members of this committee represent in the aggregate an incredible number of Service Members. The following bases, white sands, ft. Hood, Patrick Air Force base, and my very favorite, joint base lewis mccord, which i have the privilege to represent. You seemed pretty rushed at the end of that discussion about what it is that the Affairs Office is

Federalism and FinTech

Americans are currently seeing a period of potentially significant change as financial technology (FinTech) companies seek to harness advances in communications, data processing, and cryptography to compete with traditional providers across a host of services. FinTech is changing how financial services are provided in a host of ways that make it possible for new competitors to compete with incumbents.1 Some of the most powerful are removing geographic limitations on where a company can offer its services, and lowering barriers to entry.

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