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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 -- -- Charlie.
Look at me look so hot -- -- -- and help out attending the fact that.
I'm always talking about -- I'm -- now this is pretty interest the good side.
Progression -- headed by Patrick Henry because Henry runs this committee to TARP oversight committee called Elizabeth -- in front of it.
They were arguing about everything from our prior testimony before the committee.
What she's gonna be doing now 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 a professor Warren in the bureau were deeply involved in the negotiations.
The emergence of the bureau's quote settlement presentation and quote.
And the fact that 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.
Are -- this is not the case.
Pretty funny -- Or interest in having -- -- -- the middle this cat fight was.
It was interesting it was an hourlong hearing I think the Republicans hearing loses that they spent a lot of time argue 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 bureau.
I think what this committee misses an opportunity essentially.
To say here's what the committee does and here is whether we needed and not -- not -- did not get to that I will say this was one of the interesting things I've learned jury -- -- -- the testimony.
It but 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 would -- -- 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 hire me to hire you hire me I'll clean it up and his second goal of building a new congress will approve you -- two seconds -- I got I think that we don't want -- look at my background I'm.
Charlie Gasparino live inside.
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