Huffington Post has a good video while this particular comment caught our eye:

“In looking at indecipherable credit card statements and documents, mortgages you can’t understand and APRs from payday loans and high overdraft fees, I don’t see how anyone can say we’ve done a good job protecting consumers from financial services.”

This is the epitome of nanny-statism. Ms. Bair, consumers need access to credit and can make their own decisions about financial services.