Let me conclude by saying if the SEC has no one who could understand the Bernie Madoff trading strategy, how are they possibly going to be able to understand a private corporation and its counterparty's decision to mitigate business risk?
McHenry questions the SEC's capability to understand complex financial strategies.
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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.
Jay Clayton is a fantastic leader and will bring credibility to the DNI job!
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.
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