"In my first few years in Washington, one thing has been clear, government agencies are not good at taking accountability for their failures."
"However, I am amazed in my short two and a half years here in Congress to see we have government agency on top of government agency with regulator upon regulator, with more regulation than we know wha..."
"Blaming SVB's collapse on environmental social governance investing or diversity equity and inclusion initiatives is nonsense."
"My Republican colleagues' continued focus on wokeness in banking also suggests that they see improving economic opportunities for people of color and investing in minority-owned businesses as a bad th..."
"They need to not be able to walk away."
"We should actually hold the regulators and the government agencies to the same standards that we hold the businesses to."
"How about we just do the job that you are getting paid to do."
"I urge all of my colleagues to cosponsor my Secure Viable Banking, SVB Act, and to roll back Title IV of S. 2155."
"The executives and the board at Silicon Valley Bank clearly dropped the ball."
"The fact that there have not been any resignations or any firings at the top of the Fed and the FDIC is unfortunate."
"We were sent to Congress to hold people accountable, especially on this Committee."
"The Federal Reserve's autopsy lays a lot of blame at Congress' feet because of changes that were enacted to Dodd-Frank in 2018."