Pat McHenry: “One of the effects of the CARD Act in this marketplace is that prices have gone up to consumers and it has been more…”

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.

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?

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.

Workers and families feel the pain, making everyday purchases at high prices in the grocery aisle and at the pump.