We are at a critical moment for American dynamism. We can choose the side of financial freedom, innovation, inclusion, and American competitiveness, and important consumer protections at the same time, or we can let this moment pass us by and surrender our leadership of the global financial system to other countries.
Emphasizing the importance of U.S. leadership in global finance and consumer protections.
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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.
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.
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