Warren to testify that the CFPB is ‘not too powerful’

Tomorrow before the House Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs, Elizabeth Warren is expected to dispel the myth that new agency she’s building is too powerful.

“I have been told that if you say anything in Washington often enough, it is eventually treated as fact – regardless of whether it is true or false,” she will say. “While making baseless claims might be shrewd tactics for those who want to undermine the bureau’s work, they are flatly wrong.”

To read more about Warren’s planned testimony, click here.

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