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Buy the People: Why the CFPB is a lightning rod government agency

Buy the People: Why the CFPB is a lightning rod government agency
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Detailed text transcripts for TV channel - CNN - 20170120:00:24:00

trump responded to a question about the possibility of a real estate crash by saying, i sort of hope that happens because then people like me would go in and buy. now, you didn t just buy properties. you bought the bank. you bought the ability to help families stay in their homes. that s not what you did. at the depth of the financial crisis, the country was at risk of falling apart as you were saying, people losing their homes, put out on the street. at that time there was only one buyer for indie mac, one of the largest buyers in the united states, to take that risk and possibly save manager people s live hi hoods. i m trying to understand, does the actual act of making the money during the crisis in real estate make him unfit to serve in your view? no. his purchasing the bank was one thing. frankly i m not particularly quarrelling with that. that may have been the right thing to do. it s what he did after purchasing the bank. the procedures they followed, the foreclosures that

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