Rep. Maloney statement on Brad Miller’s retirement

Jan 26, 2012 Issues: Financial Services, CFPB
Press Contact: 
Jon Houston (202) 225-7944
Brad Miller and I at a press conference defending Richard Cordray as CFPB Director
Rep. Maloney statement on Brad Miller’s retirement

WASHINGTON, DC – Rep. Carolyn Maloney (D-NY), senior member of the House Financial Services Committee, released the following statement upon Rep. Brad Miller’s announcement that he would retire at the end of the current Congress:

“Brad Miller’s retirement is a loss for North Carolina and for the House. I’ve seen firsthand how his intelligence and dedication on the Financial Services Committee has improved almost every piece of legislation that came across our desks—and improved the lives of every American.

“In particular, his concern about the dangers of subprime loans and predatory lending long before the financial crisis was a clarion call for those of us who were listening to our constituents—something Brad always did. And as an original cosponsor of the bill that created the Consumer Financial Protection Bureau, Brad became one of the CFPB’s strongest advocates and defenders, both before and after its creation.

“Brad and I became close over the many years we served together, and I will miss him. But I know he has a bright future no matter what path he chooses after the House.”