Evan Bayh: “Again, I think all of us want to address climate change. We just want to do it in a way that actually solves the…”

The reason for the study, as I recall, was that many of us understood that there was a potential risk here that probably had to be dealt with.

We have been hoping that this clearing process would take place, that we would get footing under the real estate sector.

Capital liquidity standards, resolution protocols, how we handle derivatives, all those kinds of things, it is just important that we harmonize as much as possible.

We need to be realistic about that.