Pat McHenry: “This recovery is different than the recovery from the financial crisis.”

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

Jay Clayton is a fantastic leader and will bring credibility to the DNI job!

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.