Pat McHenry: “It is an inordinately frustrating when your delaying of these questions based on just trying to slow-play the answers.…”

Broad and material changes to the Basel III Endgame necessitate a full reproposal. Full stop.

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.

This is a matter of real substance for the independence of the Fed and the rulemaking at the Federal Reserve.

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?