Pat McHenry: “Let's remove these hurdles and move forward. Let's find a way to work together to harness the power of financial…”

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.

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.

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