the cfpb is uniquely unaccountable to themselves because there is not a them. there is just a he. e unelected, unaccountable director, who really has discretionary power to declare any mortgage, any credit card, any pay -day loan as abuse sieve and essentially take it off the market. that is abuse of power. gerri: congressman, let me interrupt you there, because they are powerful but i don't think they're the most powerful entity in the country, not by a long shot. here is what i find confusing about them, concerning, didn't we have a federal trade commission? don't we have a consumer products safety commission? don't we have attorney generals in almost every state? isn't this just redundant if anything else? >> partially it is redundant, all new powers is given to the agency, uniquely theecombination of how powerful it is and at the same time how unaccountable it is what makes it so unique. so true consumer protection has everything you do with the fostering transparent, innovate i've competitive market, vigorously policed for fraud and mislead advertising. what this agency does i