Pat McHenry

The labor market now is better than it was in President Obama's first term of office.

This recovery is different than the recovery from the financial crisis.

What is called for is targeted temporary relief directly related to COVID, not a typical stimulus bill in the name of COVID relief.

We have politicians who are talking down our economy, with even the Speaker of the House saying, 'The economic crisis is accelerating.'

I appreciate your work to protect the independence of the Fed, and I know that you will continue to do so.

I'd like to reiterate the ranking member's commitment that the House Financial Services Committee Republicans stand ready to work with the Majority to continue to provide oversight on and investigation of the GameStop activities.

A fundamental change is happening. Like never before, everyday investors can communicate, access more information, and work collectively to move markets.

These average, everyday investors are pretty darn sophisticated. There is wisdom in the crowd.

We need facts, not just the salacious bits or nasty comments on Reddit.

I believe Americans are far more sophisticated, informed, and capable than people in D.C. give them credit for.

I know committee Democrats and a lot of Democrats in Congress said that they wouldn't go home until they had a deal, and then they went home for 10 days.

I was a strong advocate for as large an Exchange Stabilization Fund dollar amount as possible

The CARES Act expires on December 31st of this year. That is in the law.

Today, I think there is also a reason for optimism.

I want to thank you for being with us today and for being so available.

There has been a lot of partisan talk by my colleagues on the Democratic side of the aisle attacking the actions of the Treasury Secretary.

I stand ready to work with Members on both sides of the aisle, and the incoming Biden Administration, on reforming our financial system.

I commend you for that action, but I also urge you to continue this good work.

I have great confidence that the actions that you have taken have made a very challenging situation... prevent a financial crisis.

I don't see the election outcome as this vote for the woke left policy agenda of House progressives; it was anything but that.

Democrats would rather bail out blue States and hold out for that rather than help people who are still out of work.

We need to give those people relief and we need to come to terms.

Today's hearing should be focused on that type of solution, not just a rear-facing set of issues in an election year.

These gig workers are critical in our technology-driven world.

We should be spending time on identifying solutions that strengthen our economy, strengthen our economic recovery, and help our workers come back safely to the workforce after the virus.