Patrick McHenry actually said...

"I think the reason why both reports conclude that the Fed failed to adequately escalate is because the Fed itself is delaying implementation of the enhanced supervisory standards."

"Our country is suffering from an inflation problem, plain and simple. Driven by the economic mismanagement of this Administration, inflation is the underlying cause of the volatility we are experienci..."

"The Federal Reserve was late to the game in responding to inflation, and they admit it."

"When Democrats forced through their partisan $2-trillion so-called American Rescue Plan, they lit the fuse on runaway inflation."