Mike Rounds

I hope I can support the Republican nominee in the future. If it’s Tim Scott, I know I can support the nominee.

Well, right now I'm hoping it's going to be Tim Scott. And if it's not, then I'm going to have to reassess.

It's become a tool to point out the fact that we're spending more than we're taking in every single year.

I think Leader McConnell absolutely hit it on the head. And I think he's probably as responsible as anybody is for actually getting this deal done in this bipartisan way.

I thought it was an insurrection at that time, I still think it was an insurrection today.

That's helpful. Thank you.

It's a national policy?

So, it's not a consistency across the board, then?

A matter requiring immediate attention is, as its name suggested, telling managers that they should place a priority on fixing this issue over other issues.

I think it is terrible risk management, obviously, not to have a CRO at the firm.

The fundamental fact is, you know, the firm failed because of its interest rate risk and its liquidity risk.

Thank you, Mr. Chairman. First of all, thank you to all of you for appearing before our Committee today.

Pretty interesting statement, if it was not aligned with reality.

So, the definitions of what is necessary for a secret or a top secret or a TS/SCI, the conditions or the policies are consistent across all departments?

My understanding is that there was a period of time there in which they were without a CFO as well. Is that correct?

Just to follow up a little bit, recognizing once again that we will get a full report in the next couple of weeks, but it seems to me that when it turns into an MRIA there is an expectation that the board, or the executive officers, would…

During this time period, perhaps for as much as 6 months during that previous year, the bank was without a risk management officer. Is that correct?

And I recognize that there is a difference between a matter requiring immediate attention and a matter requiring attention.

It's very clear in the Constitution, in the way that the Founding Fathers had laid that out that you were looking at whether or not an individual was the president of the United States or was just an individual.

Clearly, he's following some leaks, apparently that are coming out of a DA's office that should not happen.

To begin with, let me make it clear there's a difference between the former president and what he did on January 6th as the president of the United States and his call for support at the Capitol, versus an individual person, today, asking…

Look, I don't think it's a territorial dispute. While he may be taking territory, and it's technically accurate to say that there's territory being taken, this is bigger than that for us.

A failure of the bank, a failure with the regulators, and without any question, a failure at the top, which is the President of the United States, that created an inflationary effect that we haven't seen.

The average person in our country has a bank balance of around $5,000. And those folks, because of the actions of the regulators and this Administration, will now be bailing out those who had balances of $5 million.

I believe that this further proves that we have long been feeling the effects of a policy-induced inflation resulting from decisions by the Biden administration.