Pat McHenry: “As Fed Chair Powell says, it is better for the U.S. to get a central bank digital currency right than to be first.”

Is this a place where you would want to work? Based on your spending weeks on this project, would you want to work in this environment?

We need to understand the decisions that were made last weekend on -- from Thursday until Sunday night...

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.