Political Quotes

Pat McHenry: “Why wouldn't the next Director, with a politically-different persuasion, not abuse his or her powers with the precedent…”

On the recordDecember 13, 2022
Why wouldn't the next Director, with a politically-different persuasion, not abuse his or her powers with the precedent you have set?
Said by
Pat McHenry
Republican · North Carolina

Editor's note · Context

Concern over potential abuse of power by future CFPB directors.

Share

More from Pat McHenry

Jun 12, 2026

I think all options should be on the table.

cbsnews.com
Jul 9, 2024

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

congress.gov
Jul 9, 2024

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

congress.gov
Jun 13, 2026

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.

cbsnews.com

Other voices in this conversation