The success of our capital markets in the United States has to do a lot with property rights and contract law and certainty of our regime, as well as wise regulation, not the absence of regulation, which is a misunderstanding and a wrong conclusion of the last financial crisis.
McHenry emphasizes the importance of regulation in U.S. capital markets post-financial crisis.
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does your own agenda really outweigh the need for a competent leader at the helm of the FDIC?
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.
That lack of transparency and accountability raises concerns about the extent to which other countries are influencing financial regulation here in the United States.
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