Jeb Hensarling actually said...

This month marks the 100th anniversary of the Federal Reserve Act.

I congratulate my dear friend, Mel Watt, on his confirmation as Director of the Federal Housing Finance Agency.

Our committee will overtake the most rigorous examination of the Fed's purposes, policies, and track record in its history.

The Federal Reserve, as I have said several times in the last few days and will continue to say, is independent, but it is not unaccountable...