Pat McHenry: “Article I of the U.S. Constitution establishes and makes vital the oversight authority of the Congress vis-a-vis the…”

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.

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.

I think all options should be on the table.