Pat McHenry: “We have 13 million-plus people who are unbanked or are underbanked in the country, and a lot of those are probably in…”

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.

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

I am pleased that the Fed is resolute in getting inflation under control.

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