Political Quotes

On the recordFebruary 5, 2024
FSOC's purpose is straightforward: to identify risks that could impact our financial stability; to promote market discipline by eliminating expectations of bailouts; and to respond to emerging threats.
Said by
Pat McHenry
Republican · North Carolina

Editor's note · Context

McHenry outlines the mission of the Financial Stability Oversight Council.

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Jun 11, 2024

does your own agenda really outweigh the need for a competent leader at the helm of the FDIC?

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I want to thank this bipartisan panel for all proposing bipartisan solutions.

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Just because I put the obligation on a colleague, to put an obligation on you, doesn't mean that you are not obligated.

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under the current leadership, we have seen FSOC expand its regulatory reach to fit the Administration's political priorities.

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