Rep. McHenry Loses His Cool, Accuses Elizabeth Warren Of Lying During Oversight Hearing

May 24, 2011 5:25 pm ET — Brian Powell

"You're making this up, Miss Warren," said Rep. Patrick McHenry (R-NC), chairman of the House Oversight Committee's Subcommittee on TARP and Financial Services. McHenry was addressing his committee's main witness, Professor Elizabeth Warren, during an oversight hearing on the Consumer Financial Protection Bureau; Warren has been advising President Obama on its creation.

McHenry's accusation came toward the end of a contentious hearing, in which Republicans lobbed frequent attacks on Warren's motivations and administration plans for the bureau. The hearing culminated in a heated exchange between McHenry, Warren, and Oversight Ranking Member Elijah Cummings (D-MD) over the committee's alleged promise to Warren that she would be free to leave at 2:15 p.m., a claim McHenry claimed he knew nothing about.

Instead, McHenry wanted Warren to remain with the committee to wait for Oversight Chairman Darrell Issa (R-CA) and one other member to return from a vote to ask questions

Watch:

A few minutes later, the debate started up again, finally concluding with McHenry permitting Warren to leave.

MCHENRY: Look, Miss Warren, it was a simple request. Your staff had a request. My staff said we're trying to accommodate you. We're gonna get you out of here in ten minutes.

WARREN: No, Congressman, we had an agreement.

MCHENRY: You had no agreement.

WARREN: We had an agreement for the time this hearing would adjourn.

MCHENRY: You're making this up, Miss Warren. You're simply — this is not the case. This is not the case.

CUMMINGS: Mr. Chairman, you just did something...I'm trying to be cordial here, but you just accused the lady of lying.

Watch:

With Senate Republicans promising to filibuster any nominated head of CFPB, today's hearing is simply the latest evidence that the GOP is more interested in shielding bankers and scoring political points that protecting consumers.

Full video below the fold.

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