Detailed text transcripts for TV channel - CNN - 20120108:20:13:00
Don't support that is because this consumer financial protection bureau is bad for jobs. what do you have to say for that? >> the argument is going to be made, ali, at least at the surface level the consumer financial protection bureau is a problem structurally. we have ftc, fdic, alphabet soup of government watch dogs that have done a poor job. making this uber agency, it would be with a huge amount of power, you're not going to solve the watchdog problem. there is a bigger argument at the roof of it. transactions between the consumer and bank or credit card company are voluntary transactions...