Pat McHenry: “The costs of these regulations don't even make sense, and it just impairs and impedes their success.”

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

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

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.