mr. fleming? >> mr. chairman, i would just ask the organization to take into consideration unintended consequences such as the data collection requirements that maybe in theory are of interest and helpful to the organization, however, be burdensome for us small businesses that have to comply with the new regulations to provide the data. >> i'll give a different answer as you might have guessed. if the two most important things are number one that the

mr. fleming. >> mr. chairman, i think i would just ask the organization to take into consideration unintended consequences such as these data collection requirements that may be in in e reef would be of interest and be helpful to the organization. however, be burdensome for a small businesses that would have to comply with these regulations to provide the david. >> mr. levitin. >> i'm going to give a rather different answer. i think the two most important things the cfpb, the senate should confirm a director. and number two, if you wanted to start changing the scope of the cfpb regulation i would strongly urge subjecting auto dealers and realtors to cfpb regulation. there is not a very good principled argument for exempting them. >> thank you. mr. altmire anything? i want to thank you for taking time to coming down to capitol hill and testifying today. on this very important matter. with that the committee is adjourned. [inaudible conversations] [inaudible conversations] >> executive director of the orga