Pat McHenry: “If we don't build our real-time payments here in the United States, rest assured, China will.”

I think all options should be on the table.

Broad and material changes to the Basel III Endgame necessitate a full reproposal. Full stop.

Is this a place where you would want to work? Based on your spending weeks on this project, would you want to work in this environment?

We need to get to the bottom of whether or not this is a supervisory problem, a regulatory problem, a bank mismanagement problem, perhaps all three.