Pat McHenry: “I am hopeful that in your leadership of FinCEN, we can right some of these huge challenges for the Agency and get it…”

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

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.

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.