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CSPAN2 Key Capitol Hill Hearings November 13, 2013

The one. And said to myself is why the president put you here. So i recognized common even with the large staffs that we have around us that we surround ourselves with, every once in a while you have to take an independent look at something and not be afraid to realize that maybe they bureaucracy has got this wrong and you happen to be right. And i did that on a number of occasions at the pentagon. Okay. As i prepared to yield to dr. Coburn im reminded of the many definitional issue. One of my favorite, it goes Something Like this. Leadership whenever else is marching to the wrong tune. Leadership also requires folks to lead. And help you leave the department. My colleagues and i know that we, as you said his position has been vacant for months. The deputy position, deputy secretary for over half a year and there are a number of positions they need to be filtered the administration has obligation to nominate many people and we hav ....

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CSPAN2 Key Capitol Hill Hearings November 14, 2013

Exhaustive list where personally identifiable information exists, i think that would be very helpful. I think we may have done that. But im happy to have my staff work with viewers or if theres questions for the record here to, again, always be as responsive as we can. Thank you. Senator, one more question . Thank you, mr. Chairman. And i just want to follow up on the question that senator ritter just asked. Let me tell youmy understanding is, director. There are approximately nine institutions required by the cfpb to submit invest on credit card transactions. Weve estimated that thats about 900 million. Im not asking you to confirm that number, unless you will, today, but as that data is clerkted, it is not amoanonymou not deidentified. Its the whole story. That information is then transmitted to a third party who you have contracted with who then goes in and deidentifies it or makes it anonymous. And they create a personal identifier for each one of those accounts that is not its a n ....

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