Patrick McHenry actually said...

"I put forward a bill which establishes a mechanism that would allow MSBs to self-certify their compliance with the Bank Secrecy Act."

"If this issue is left unaddressed, the viability of MSBs will be compromised, potentially pushing many of their transactions underground."

"Without a banking relationship, MSBs are unable to provide financial services to communities, making it difficult for millions of Americans."

"Thank you, Chairman Clay, for your leadership and thank you for your hard work on this matter."