Patrick McHenry actually said...

The way the law of the land is structured, we can't lend money to the IMF without the authorization of the Congress of the United States.

McHenry emphasizes the need for Congressional authorization for IMF lending.

03/20/2012

More Patrick McHenry Quotes

So, does the Federal Reserve have the legal authority to implement negative rates?

Can't we agree, Chair Yellen, right now, that it just doesn't make any sense for non-bank financial institutions that pose no systemic risk ...

I am sure we can agree, Chair Yellen, that businesses need to be fairly regulated, and predictably regulated, but when those regulations are...

Well, happy anniversary. America has been saved. We are just living with the consequences of that savior, Dodd-Frank.