the american financial services association, the trade group for consumer lenders said there's a receptivity to learn, it's very refreshing. the american bankers association said the agency approached the bank oversight was pretty good news. the independent community bankers called the process for refining model mortgage forms refreshing. was clear more to the point was a substantial improvement. the cfpb had its banks ought audited by gao which found its bank statements were fairly edited. the acting control of the currency not exactly known for its hostility to banks has said last week that some attempts to regulate the opaque over-the-counter derivatives market might be an overreaction. all of these speak to the focus of this agency and the effectiveness of this agency. that we're still having this debate, and let's lay out some facts before people continue here to play this inside baseball game that the country simply doesn't care about, that president obama's overstepped his overreach. first of all, president bush made 171 recess appointments. president clinton made 139 recess appointme

the american financial services association, the trade group for consumer lenders says there's a recess activity by the cfpb that's very refreshing. they want to get it right. the american banker association said it was pretty good news. the independent bankers called the process for -- was refreshing. was clear, more to the point and a substantial improvement. the cfpb had its banks audited by g.a.o. which found their financial statements are fairly presented and all material respects. the acting comptroller of the currency, has said last week that some attempts the over-the-counter derivatives market might be -- all of this speaks to the effective of this agency. the fact we're still having this debate -- and let's lay out facts before people continue here to play this inside baseball game the country simply doesn't care about, that president obama's overstepped his overreached. president bush made 171 recess appoint jd. president clinton made 170 recess appointments. president obama made his recess appointments in large part because one political party, the other political party has

american political science association congressional fellow in the 2008-2009 act dem ec year. and so i was able to work on the hill for a brief period of time on the house committee on financial servicesfor the chairman of that committee. and i was able to see firsthand how these relationships take place. then i came back here to cleveland, and i taught for a year in the political science department, and then i was fortunate again to win a fellowship and spend a year at the woodrow wilson international center for scholars in washington where i was able to interview people in the think tank and policy community and kind of give the book a broader context in the institutions of governance in the american democracy. and so along the course of the way i was able to access all kinds of archives in washington and delaware and up in new york at the rockefeller archive center and even in princeton, new jersey. so i was really able to go back in history and see whether or not the kinds of things that i found when i worked on the hill had been there earlier in history and, in fact, i found that they had, the same networks and the same patterns of relationships had existed. >> so based on your c