Patrick McHenry actually said...

"I just want to ask you: Do you currently have within your capacity, the staff, the necessary ingredients to get these rules enacted in a timely fashion?"

"Dodd-Frank was sold as an answer to consumer protection and financial stability. But it has resulted in increased costs for financial institutions and more headaches and paperwork for Americans."

"The American economy is strong. We had an unexpectedly high economic growth rate for the first quarter with 3.2 percent."

"The increased costs for complying with these hollow disclosures will only stifle growth and discourage more companies from going public, ultimately hurting American workers and mainstream investors."