I mean that decision was very important and reminder that major policy decision should and frankly must come from Congress not just through expansive agency interpretations. Well, it's obviously a very critical to our entire regulatory agenda as administration. We don't want to go beyond the authority that you've given us. And that's one of the reasons why I think it's so important that you all are starting the hearing the legislative process on reforms so that you can further spell out what should be a larger participant. (04:37–04:41)
CLAIM
Asserts that the CFPB aims to operate within the authority granted by Congress.
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