Political Quotes

On the recordSeptember 11, 2019
Cybersecurity as the chief threat to the financial system, not productivity, not growth at home, not political upheaval in Europe, not the slowdown in China, but cybersecurity.
Said by
Pat McHenry
Republican · North Carolina

Editor's note · Context

McHenry highlights that bank executives view cybersecurity as the primary threat to the financial system.

Share

More from Pat McHenry

Nov 14, 2023

Community banks are already struggling under the current regulatory agenda. We should not be adding more burdensome rules.

congress.gov
Feb 5, 2024

FSOC's purpose is straightforward: to identify risks that could impact our financial stability; to promote market discipline by eliminating expectations of bailouts; and to respond to emerging threats.

congress.gov
Feb 13, 2024

When do you think we will have a proposed rule to rescind the CDD requirement?

congress.gov
Jun 12, 2026

I think all options should be on the table.

cbsnews.com

Other voices in this conversation