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FBN’s Charlie Gasparino on Elizabeth Warren facing tough questioning at a Congressional hearing on Capitol Hill.
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Found Elizabeth Warren who right now is running the consumer financial protection agency temporarily she's on the hot seat today she doesn't have that seat permanently.
Charlie Gasparino right there looking at the flames that are being stoked by a lot of politicians -- on the -- trail Charlie.
Look at me look -- hot -- -- Man -- -- Canada -- -- I'm always thought I'd live I'm sorry now this is pretty interest the -- -- Progression -- headed by Patrick McHenry -- Henry runs his committee to TARP oversight committee called Elizabeth -- in front of it.
They were -- about everything from our prior testimony before the committee.
To basically.
What she's gonna be doing -- whether she would stay long enough with this hearing to the end of the hearing -- -- do what they had to say.
-- testimony however congress received evidence -- professor Warren in the bureau were deeply involved in the negotiations.
The emergence of the -- -- settlement presentation and quote.
And the fact the professor Warren has been in.
Dozens of meetings with federal and state officials about these settlement as settlements raise concerns about the veracity of her earlier testimony.
We had an agreement you had no agreement we have an agreement for the time this hearing what your mentoring -- you are asking that.
There are -- this is not the case.
Pretty funny -- Or interest in having -- get in the middle this cat fight was it was -- it was an hourlong hearing.
I think the -- this hearing loses that they spent a lot of time arguing back and forth.
And we really to get to the crux of the issue which is whether this consumer protection bureau this thing that's supposed to prevent consumers from getting screwed on financial products.
Whether we needed or not.
Member Elizabeth Warren is likely to be a recess appointment as the as the Republicans in the senate not the house and senate must do the confirmation.
They won't confirm -- they want major changes to this -- I think what this committee minutes is an opportunity essentially to say here's what the committee does and here is whether we needed or not -- did not did not get to that.
I will say this was one of this in -- things I've learned jury during the during the testimony.
-- that it was completely glossed over between all the histrionics is the fact there are about eight different.
Federal agencies designed to protect people against fraud and consumer products.
I just wish someone -- -- -- Elizabeth Warren why we need one more anyway that's what we are right now back to you.
Well yeah and and why not consolidate them why not get somebody in there -- Kyra the people who do the current.
The -- control showed just clean it higher maybe the higher you hire me out clean it up and his second goal of building a new congress will approve you -- -- -- -- I think that we -- look at my background of Charlie Gasparino live inside.
