Pat McHenry: “When they don't understand innovation, they want to kill it.”

Jay Clayton is a fantastic leader and will bring credibility to the DNI job!

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.

I am pleased that the Fed is resolute in getting inflation under control.