Detailed text transcripts for TV channel - CNN - 20120105:22:34:00
Retomorrows of the bureau that would make it more accountable to elected officials. as it stands, the bureau is part of the federal reserve, but mr. cordray sets his own budget and doesn't report to the fed chairman. is that accurate? >> the reality is that we as a bureau are subject to plenty of oversight. we have to do audits and reports to other agencies of congress. we are subject to a potential veto on rule making that no other agency is subject to. we have a job to do to protect do you me consumers. the american people know this is an important job. they know the struggles that they, the...