Pat McHenry: “We need to do better at the Federal level. We need to do better.”

I would like to thank President Biden for putting forth a capable, competent, and qualified nominee.

I am pleased that the Fed is resolute in getting inflation under control.

This is a matter of real substance for the independence of the Fed and the rulemaking at the Federal Reserve.

I thank the Chair, and I thank the panel for being with us today to continue our investigation of the poisonous culture at the FDIC.