Pat McHenry: “Dodd-Frank reiterates the powers to the Executive Branch under Title V for the hiring authorities that are there.”

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.

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

Jay Clayton is a fantastic leader and will bring credibility to the DNI job!