Pat McHenry: “We have other regulators that have been doing this stuff for 100 years, and your approach at the CFPB is novel.”

I think the viable question for the American people is whether or not you have a progressive prosecutor using the justice system to go after political enemies for a political splash.

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.