cordray will have unfeterred power. if he so chooses he does not have to answer to anyone. this is not a choice that anyone should have. since his appointment, mr. cordray said that he intends to cautiously. the test is whether this will it's way into the bureau's actions. the actions have been inconsistent with the promise of the leaders. under dodd-frank the bureau is required to convene panels of small businesses to discuss the impact of proposed regulations. mr. cordray has said that they will convene these small panels not just because the law tells us to do so but we recognize that it will help us do our work ever. the bureau has yet to convene a small business panel despite having issued multiple rules and more over the bureau has indicated that it has no plans to convene these manupanels fort of the important rule makings. the bureau officials said they will comply with the administrative procedures act and the bureau has evaded the intent of the apa by issuing rules without asking for public comment before the rules become effective. consequencely the bureau has im