Pat McHenry: “I want to let you know, on behalf of the majority, how grateful we are to you and to the President for your leadership…”

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

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?

Workers and families feel the pain, making everyday purchases at high prices in the grocery aisle and at the pump.

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.