Pat McHenry: “It is the largest--highest it has ever been.”

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

I think the viable question for the American people is whether or not you have a progressive prosecutor using the justice system to go after political enemies for a political splash.

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.

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