Pat McHenry: “Congress should be focused on policies that make the economy more free.”

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

Broad and material changes to the Basel III Endgame necessitate a full reproposal. Full stop.

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.