Pat McHenry: “Ending Dodd-Frank would take us back to a future without the tools to deal with 'too-big-to-fail.'”

This is a matter of real substance for the independence of the Fed and the rulemaking at the Federal Reserve.

Broad and material changes to the Basel III Endgame necessitate a full reproposal. Full stop.

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.

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