Pat McHenry: “There is tension between the notion of a decentralized currency, or something decentralized, and ultimately privacy.”

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.

I think all options should be on the table.

I would like to thank President Biden for putting forth a capable, competent, and qualified nominee.

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.