Pat McHenry: “As lawmakers, it is our responsibility to explore all aspects of a platform like Libra that has the potential to impact…”

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

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.

Workers and families feel the pain, making everyday purchases at high prices in the grocery aisle and at the pump.

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.