Detailed text transcripts for TV channel - FOXNEWS - 2016123

Detailed text transcripts for TV channel - FOXNEWS - 20161230:23:16:00

easy. >> reporter: donald trump and republicans are planning big changes for the consumer financial protection bureau. created after the 2008 financial collapse to protect borrowers, arguing it has stifled growth with overzealous government relation. >> this is an agency that is taking a very wide stance on its power. really trying to expand its authority. you have this one person at the head of it who is running all of it. >> reporter: president obama named richard cordre. republicans want to dump him. a possible replacement is a staunch critic. some republicans want to replace the director position with a fairer bipartisan governing commission. in more than 60 appearances before congress, he argued lending is growing, not slowing. consumers are better off because of it. >> the mortgage market has been expanding briskly for two years now since our major rules took affect. the credit cardarket is

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