SUBCOMMITTEE HEARING: Credit Crunch: Is the CFPB Restricting Consumer Access to Credit?

Opening Statement of Ranking Member Elijah E. Cummings

Witnesses

The Honorable Richard Cordray
Director
Consumer Financial Protection Bureau

Mr. Douglas Fecher
President, Wright-Patt Credit Union
Fairborn, Ohio

Mark A. Calabria, Ph.D.
Director of Financial Regulation Studies
Cato Institute

Mr. Steven I. Zeisel
Executive Vice President & General Counsel
Consumer Bankers Association

Mr. Michael D. Calhoun
President
Center for Responsible Lending