Pat McHenry

This provision will give policyholders the freedom to choose the best flood policy insurance option for themselves.

There is a great need for pragmatic changes.

What worked in the Lyndon Johnson era doesn't really work in 2019.

I thank Chairwoman Waters for holding today's hearing on the National Flood Insurance Program.

For several years now, we have been hearing about all sorts of mismanagement and misconduct with Wells Fargo.

I would abolish it tomorrow if I could. It should never have been created to begin with.

Good government should not be a partisan exercise.

Dodd-Frank reiterates the powers to the Executive Branch under Title V for the hiring authorities that are there.

The authority is vested, in fact, in the Director and certain activities can be delegated further at the Director's discretion.

I want to change that statute so that we have a structure that is a bipartisan board, a structure that puts you on budget.

So if we are talking about the Democrat message today, it is that you are an independent Bureau but we don't like you, right?

Designed this Bureau to be unaccountable.

The design of your Bureau, you have a fixed term of office, and absent--as the courts have found and the statute pertains--some exceedingly grievous act, you can't be removed from office.

The good news is that it is a new day in the CFPB, and I welcome that.

It is called 'regulation by enforcement' and it is a dangerous and destructive approach to supervision.

For nearly a decade, America's small businesses, community banks, and families have experienced firsthand what an unacceptable agency looks like.

Many of us have expressed serious reservations over the establishment of the CFPB. Those are still the initials, as you have re-established.

You need to act under the statute as designed, not based off of what is being yelled at you via a congressional hearing.

I support Chairwoman Waters' decision to create this new subcommittee, and I continue to support her work on the issues facing diversity and inclusion in the financial services sector.

I am hopeful that the Chairman will continue to pursue this approach, as it is important for the long-term integrity of the institution.

Asylum claims are individual; they are very much fact-specific.

So, in short, no one benefits from the backlog and that is why we have taken such significant steps to try to address it.

It is twofold, but it is perhaps two sides of the same coin. Individuals who are here who have no claim to stay are allowed to remain longer in violation of the law than they otherwise should have.

The backlog, essentially, or the caseload, essentially, almost tripled between 2008 and 2017.

Last year, DHS filed approximately 300,000 new cases.