Patrick McHenry actually said...

"This is the biggest rulemaking you will undertake probably in your tenure, probably in my tenure in Congress."

"I guess when you have five big regulators, independent regulators sitting on the same panel, there ends up being an alpha dog."

"Your predecessor bound your agency to adhere to the memo and the principles within that memo on cost-benefit analysis."

"that is at the pre-rule stage. It is not as far along as prepaid cards but it is something that we are looking at and trying to figure out."