Patrick McHenry actually said...

I believe that they should be subject to the same economic analysis that the current guidance demands.

McHenry advocates for self-regulatory organizations to conduct economic analysis on their rules.

06/27/2012

More Patrick McHenry Quotes

There is a critical need for comprehensive economic analysis of the rules you have proposed.

Your unresponsiveness is noncompliance, and we will have to take action if you are not willing to comply.

It is clear that if changes are not made, Congress must act to delay the rulemaking's effective date.

I want to first commend the Administration on the appointment of Andrea Gacki as the new Director of FinCEN.