Pat McHenry: “The CFPB will neither increase access to credit nor reduce the cost of credit.”

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?

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.

I would like to thank President Biden for putting forth a capable, competent, and qualified nominee.