Pat McHenry: “It is this kind of unchecked spending that is pushing the housing market from boom to bust for the average American…”

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

We need to understand the decisions that were made last weekend on -- from Thursday until Sunday night...

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 think all options should be on the table.