CHIP SOMODEVILLA/GETTY IMAGES
Enter
reason. The phenomenon even
has a name, given to us by Rep.
Luis Gutierrez (D-Ill.): “the unreliable bottom row.” Gutierrez
coined the term after a similar
incident took place in the House
Committee on Financial Services back in October of 2009,
when the panel met to determine
whether the lending practices of
auto dealers would be subject to
the oversight of the Consumer
Financial Protection Bureau.
On that occasion, Rep. John
LOOKING FORWARD
IN ANGST
Campbell (R-Calif.), a former
Saab dealer who was still stacking cheddar from his friends in
the industry, proposed a bill that
would exempt the industry from
CFPB scrutiny. As Ryan Grim and
Arthur Delaney reported:
As usual, the members filed into
the high-ceilinged first-floor
hearing room in the Rayburn
House Office Building. Committee Chairman Barney Frank
oversaw the vote atop four tiered
rows of seats, a full story above
the witnesses and the audience.
The longest-serving Democratic
HUFFINGTON
07.28.13
Senate
Finance
Committee
Chairman
Christopher
Dodd
(D-Conn.)
speaks
with Rep.
Brad Miller
(D-N.C.) in
2009.