I hope you hear this clearly, not as a partisan act, but as a sincere concern.

We need insight into the decisions and decision-making processes of the financial regulators related to the 2nd- and 3rd-largest U.S. bank failures.

I will finish with this: We need competent financial supervisors, but Congress can't legislate competence.

I am concerned that the FDIC has deviated from its statutory requirement to minimize costs here and, instead, has opted to pursue a lazy and destructive regulatory campaign to, in fact, oust digital asset opportunities from the United…

I urge you to reject the idealogues who put their social agenda ahead of economic prosperity.

Thank you, Chairman Powell, for your testimony today. This week, you stated that the Fed will, 'stay the course until the job is done,' and that job is to restore price stability.

the Fed will, 'stay the course until the job is done,' and that job is to restore price stability.

Democrats are pressuring the Fed to stray from its narrow mandate. It is a page out of their same old progressive playbook.

President Biden's kowtow into the far left is what got us into this inflationary mess.

Since President Biden took office, we have experienced inflation rates not seen since the late 1970s and early 1980s.

Inflation rapidly accelerated after Democrats passed their so-called American Rescue Plan, which poured nearly $2 trillion of inflationary fuel into the economy.

Too many Americans feel unheard and cutoff from the legislative process.

We are at a pivotal moment for our financial system and the economy as a whole.

They suppress free speech and human dignity. We embrace it.

The actions of the Chinese Communist Party (CCP) last week serve as a clarifying moment that China is not an ally or a strategic partner.

They can never compete with a free and open society that allows for free enterprise and prosperity like in the United States.

But they can never compete with a free and open society that allows for free enterprise and prosperity like in the United States.

We must double down on our commitment to free people in free markets.

We are glad you are before the committee that actually does have a data security law for financial firms.

This committee will lead this Congress' economic agenda and response to China.

They are centralized. We are decentralized. They are closed. We are open.

The Chinese Communist Party maintains a surveillance state with a great firewall and no freedom of speech, no freely-exchangeable currency and no rule of law.

So yes, the CCP is a great threat, but when we work together across the aisle especially, and put people over politics, we can mount a focused response to increase our economic competitiveness and produce good clean jobs right here at home…

I want to congratulate you on your 4 years as Chair.

Are those legally enforceable, though? Is that guidance legally enforceable?