>> wallace: ...is juiced. >> canseco: yeah, it is. >> pelley: his interview with jose canseco led congressestigate steroid use in major league baseball. >> wallace: you think that people are going to believe you? >> pelley: a topic he revisited with roger clemens. >> roger clemens: 24, 25 years, mike, you think i'd get an inch of respect. an inch. how can you prove your innocence? >> wallace: apparently, you haven't done it yet. and this? >> pelley: and another controversial newsmaker-- "dr. death," jack kevorkian-- went to prison after giving mike this tape. >> jack kevorkian: we're going to inject in your right arm. >> pelley: it shows kevorkian administering a lethal injection to a gravely ill patient who wanted to die. >> wallace: is he dead now? >> kevorkian: he's dying now. >> wallace: there is something almost ghoulish in your desire to see the deed done. >> kevorkian: it appears that way to you-- i can't criticize you for that. but the main point is the last part of your statement-- that the deed be done. >> pelley: but the most shocking interview mike ever did is surely the one wi

canseco? >> the cfpb on the website has a consumer complaint data base. there's a disclaimer attached to it that says "we do not verify the accuracy of these complaints but we do take steps to confirm a commercial relationship between the consumer and the identified company." so gwynn they don't verify these complaints but boasts that it collects thousands of them, am i correct in assuming that the database from a legal, ethical and ration nat point of view will not influence enforcement of regulatory actions by the cfpb? >> i think i lost the last part of it. you're asking me whether or not consumer complaints will not influence enforcement? >> no, no, no. you have a consumer complaint data base, but it says that it does not verify the have rassity of those complaints. now am i to avume you don't use them at all for any of your enforcement action? >> oh, i see what you mean. >> the consumer complaint data base published, we certainly make sure we remove duplicates. and we make sure that a customer who is making a complaint is in fact a customer they are

. >> i would like to recognize canseco. >> thank you madam chair. the payment industry represents a tremendous opportunity for everyone for consumers and merchants to financial institutions and other providers. mobile payments have already proven to be the most significant development of the consumer payment methods since the move from checks to debit cards. this would be a great number of benefits particularly in the form of competition and lower costs for consumers. yet it is essential that policy makers and regulators structure a regulatory framework that helps protect the private information of mobile users but also encourages investment and innovation within the industry. now, it is very relevant to mention that the last significant policy initiative in this area which was price-fixing in the debit card market was the exact opposite of what the congress and regulators should be doing and i hope we learn from that very significant mistake. and so, madam chair, my hope is that today's hearing helps congress and regulators embrace these new innova

canseco, two minutes. the speaker pro tempore: the gentleman is recognized for two minutes. mr. canseco: thank you, madam speaker. and i thank the gentleman from texas for yielding this time. and i rise in support of the rule and the underlying bill to completely repeal obamacare. though obamacare has been found to be constitutional, it doesn't mean it is good for our health care nor good for our economy. and obamacare is still a government takeover of health care, putting federal bureaucrats in charge of decisions that should be made by you and your doctor, by creating 159 different boards, bureaucracies and programs that will increase washington's control over health care like the independent payment advisory board which is surprised of 15 unelected bureaucrats that will empower -- that will be empowered to decide what treatments medicare will and will not cover. . obamacare could lead to less access to care and lower quality health care. i recently visited with several physicians last week in my district and they told me that obamacare could lead to a large exodus of physicia

canseco: thank you, mr. speaker. and thank the gentlelady from north carolina. i rise today in strong support of the rule for h.r. 4078. the regulatory freeze for jobs act is an important piece of legislation that will ensure the government does not stand in the way of america's job creators. i have the honor of representing a district that reaches from san antonio, texas, to el paso, texas. including nearly 800 miles of u.s.-mexico board. -- border. so when i head home for a work period, my days are spent on the road meeting with diverse groups of small businessmen, entrepreneurs, community bankers, farmers, energy producers, teachers and law enforcement agency agents. the -- agents. the most common theme that i hear from my constituents, where they are democrat or republican, conservatives or liberals, to the left or to the right, is that the federal government is intrusive and standing in the way of job creation by issuing job-killing regulations. one constituent even sent a letter to my office on how regulations and high energy costs are impacting his family

canseco. >> thank you mr. chairman. ms. we often talk abou e anh ry os ofoymt son' haakouan ht hl monri a either on bank or underbanked that they would affect this oud d bre ssel eehk st. i think mobile payments present a good prty t ak dbnkt baym rv papatae e efenndperaev cheaper than what the alternatives are today which may be going to a check cashing or ney transmitter and paying a pretty hefty fee. it's also coni ao atodytetae % ee av oil on i aveyrefr teith financial system. to the extent that banks can offer products that are available through that chm,t t tope o b tiiproa e i emenfo check catcher or buying a money order. >> one concrn that i have is that w dopt a regulor frorat tm coynpoibveo ma pcist no w the space. what specific steps shou regulators be taken to encourage noiondintmenin moyen pce a eurine sit doceae unng lawyers are working? >> the lot of fine linebetween reguont stli noonal a rcy th iimanr gurs e om ioed cons that you would like to see in these mobile payment arrangements regardless of how they a

canseco for one minute -- or, two minutes. >> thank you, madam chair. you know, the number i am keeping in mind today is 1100, and that's how many pages the cfpb's recently-proposed rule regarding mortgage disclosures is. even though the disclose yours themselves -- disclosures themselves will be less than ten pages in length, many of us have expressed skepticism over the argument that the creation of another unaccountable pure bureaucracy would somehow reduce red tape and compliance costs and make financial decisions easier to understand for consumers. the cfpb's biblical-length rule seems to have validated our worst fears about this agency. with this proposed rule, the cfpb has shown us the path they have chosen to take, and i'm afraid that for financial institutions, families and consumers the outlook isn't good. i yield back my time. >> gentleman yields back. mr. scott for three minutes. >> thank you very much, ms. chairman. in addition to forming the cfpb, the dodd-frank act also imposed a risk retention requirement for lenders that i think we real

canseco's question on the complaints it was very concerning that you indicate you didn't to verify all the complaints, did not go through to try to figure know if they were the legitimate complaint and didn't follow this there was something to be followed up on. why? >> this is i feel like it wasn't adequately clear to read to the extent that there are complaints that are at the consumer dispute resolution that we have an investigations team within our consumer response unit will follow up on those comments. >> but you just verified what it was in the adjournment complaint. you didn't tell them they followed on each individual complete to see if there was something there. >> when i refer to is the conference that we've received. with respect to that which we published on the web site and we are quite transparent than on personally identifiable information as a seated with complaints that we have received with the various data fields. it is something that won't continue to populate over time. for example -- >> the basic question was you get to the complaints come in to verify that it is