'You Should Be Fired!': Rashida Tlaib Snaps After Russell Vought Says He Works For The President

[0:00] Gentleman goes back here recognizes the gentlewoman from Michigan, Mr. [0:04] Tlaib, you're recognized for five minutes. [0:06] Thank you so much, Mr. [0:07] Chairman, director vote. [0:08] Is it true or false that your agency has dismissed and terminated [0:13] more than 40 lawsuits and settlements against predatory companies? [0:17] These were not predatory companies. [0:19] Yeah, yeah. [0:20] Are you friends with Capital One? [0:22] With Capital One? [0:22] No, I don't know. Walmart. [0:24] No, Zelle. [0:26] No, reversed even settlements against Toyota, Navy Federal Bank of America. [0:31] Would you like to know why? [0:33] Oh, sure, because it looks like the past directors, you're getting so defensive. [0:38] You're not friends with them. [0:38] I wanted to make sure it wasn't personal. [0:40] You're not friends with them, right? [0:42] It's a direct question. [0:43] Who do you work for, director? [0:45] President of the United States. [0:46] No, you work for the people of the United States. [0:51] You do not work for the president. [0:53] You have legislation and laws that we pass as elected body members here. [0:58] You do not work for the president. [1:01] Wrong. [1:01] Wrong. [1:03] You take an oath to the people of this country and we pass laws that you are supposed to enforce. [1:11] You do not work for the president. [1:12] I think the founding fathers would have a different view, Congresswoman. [1:17] Oh, I am so glad this is on record. [1:22] You should be fired because you work for the people, not the president. [1:26] None of us work for the president. [1:28] The president won an election. [1:29] I understand. [1:30] I actually don't contest that like you all do. [1:34] Now, is it true these cases and others dropped lawsuits could have returned hundreds of millions [1:39] of dollars to consumers? [1:41] They could have also set terrible regulatory initiative and enforcement decisions. [1:45] I'd like to enter into the record. [1:46] Director Vogt, a memo chairman from the Protect Borrowers, the Consumer Federation of America and [1:52] Americans for Financial Reform Education Fund, because I want the American people to see all the [1:57] lawsuits you filed without objection. [1:59] You decided you didn't file. [2:01] You actually decided not to pursue those losses. [2:03] And Mr. Chair, it's important for the American people to know this. [2:07] Is it true or false? [2:09] Before 2005, CFPB only dropped one enforcement action and never terminated a settlement. [2:15] I actually don't know. [2:16] You don't know because you think that you work for the president. [2:20] You actually don't see what the agency was created for. [2:23] Why do you think the agency was created because of the president? [2:25] Because Congress created the agency because of the awful financial distress that it happened [2:33] on our American people. [2:34] You can blink your eyes all you want. [2:35] Last year, Americans lost roughly $16 billion to fraud. [2:40] 25% increase from 2024. [2:43] On your watch. [2:44] The highest level on record. [2:46] On your watch. [2:47] In fact, CFPB has received more consumer complaints in 14 months than in the first 14 [2:53] years of its existence. [2:54] Your watch. [2:56] Director Ville, do you think it's just a coincidence that consumer complaints have reached an all-time [3:01] high at the very same time that your agency has pulled back enforcement and dropped cases, [3:06] cut staff, and revoked guidance? [3:08] There's a marked reason for what is going on. [3:11] Because you're friends with Bank of America? [3:13] Walmart? [3:13] Zelle? [3:14] Are you friends with them? [3:15] Do you work for them? [3:17] I'm saying this because you dropped all these lawsuits. [3:19] These lawsuits didn't come out of thin air. [3:20] It's because they did wrong. [3:22] They were novel legal theories that were not based on the issue. [3:24] Oh, novelty. [3:26] So all those complaints from our residents are novelty? [3:28] They're not real? [3:29] No, that's the consumer portal of which we look at very closely and take steps to make [3:33] sure we know what's going on. [3:34] I know you're not going to take responsibilities. [3:35] Because, look, the loan sharks, Wall Street, mega banks. [3:39] And I'm telling you, it is killing all of our residents. [3:42] Because they are, you've basically sent a note, you know, like a signal out there. [3:47] Go ahead. [3:49] You're undermining. [3:50] They're like, you signal to the scammers and fraudsters out there, you know, the fraudsters. [3:54] Open season for our residents. [3:55] Go for it. [3:56] Go ahead and violate the consumer protections that we, the Congress passed, not the President. [4:01] The Congress passed and created this agency. [4:04] In May, CFPB deleted more than 2,000 pages from its website. [4:10] These include consumer advisories, blog posts. [4:13] You didn't do it? [4:14] Nope. [4:14] You didn't do it. [4:15] Nope. [4:15] We overhauled our website. [4:17] Okay, Russell. [4:18] How is CFPB adhering to congressional mandated consumer protection mission [4:22] by removing consumer education and other materials from its website? [4:26] We did not remove materials from the website. [4:28] We put it in an archive section. [4:29] So you didn't remove the, no, you're right. [4:31] You archived the know your rights for veterans. [4:33] You archived it. [4:34] We archived the policies of- [4:35] You archived the know your rights, Russell, for veterans. [4:40] You guys can get all upset all you want. [4:42] He doesn't work for the president. [4:44] He doesn't work for Zelle or Walmart. [4:46] He works for the people of the United States. [4:48] Romance fraud is up there. [4:50] You can laugh all you want, but that targets our seniors. [4:53] Shame on you. [4:55] Really, on your watch, complaints are up. [4:58] You literally took money away from pockets of our residents. [5:01] You can blink all you want. [5:02] You're going to, your legacy will be the fact that people got hurt under your watch [5:06] because you think you work for the president and not the people. [5:09] You are going to, your suggest often. [5:10] You say, Job is up there. [5:11] That's enough. [5:20] You said, Dave, the Ku war is在數字 elector, for the hearing, right. [5:21] And once we start to talk to your parents, man, we pay for the jury. [5:23] We're going to, you know what the election will be. [5:25] And it'll be a joke. [5:25] About the reason. [5:26] I talk to you about us. [5:27] Thank you about the description. [5:28] We don't cover up. [5:29] That's enough. [5:29] But, I mean, if, it's fine. [5:31] And then, the people? [5:31] I mean, thank you 불�, John McHugh. [5:33] He's Bitte all season. [5:33] 10. [5:33] He wants to face it. [5:34] So you Hey, it's fine. [5:34] That's enough.