So we get the little agency pay passed into law. It's part of Dodd Frank, get it set up. And it's been operational for about a dozen Years, In the dozen years, [the Consumer Financial Protection Bureau] has discovered about $20 billion in fraud. I mean, just cheating people. And it's everything from little tiny frauds. I say little tiny, but it matters that they kind of nipped a few bucks off your checking account for some fee you didn't owe all the way. (31:35–31:43)
CLAIM
Asserts that the Consumer Financial Protection Bureau has uncovered $20 billion in fraud over twelve years.
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