Pat McHenry: “I think that fiscal--”

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.

I would like to thank President Biden for putting forth a capable, competent, and qualified nominee.

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