It is a group that comes together, consists of the leaders of various financial regulatory agencies.

You are exactly dead-on correct that insurance companies have a very different set of asset liability structures than do banks.

The data show this.

I think our economy is doing better than it was certainly in the dark days of the crisis.

the work has involved a lot regarding financial reform. And, as you know, Dodd-Frank is a comprehensive statute with many provisions.

A one-size-fits-all approach is not going to work here.

I applaud you for your focus on pro-growth tax reform.

I hope I will be different. I do want to listen.

the lessons were many. I have served in both of those capacities during the time of really great financial crisis in our country.

I certainly can commit to you that I will work to improve its transparency.

So, does the Government of the Philippines coordinate the capacities of the NGOs and the capacities of the participating international partners?

Today the Congress is here, and we are all focused on how we can help.

Imagine a world without an engaged United States. This response effort would not be at the stage it is at right now.

There is no substitute for the United States, as the people of the Philippines would probably agree, given our response.

The question that is frequently asked is, How well is the help being coordinated?

the cost of these storms, in loss of life and in the cost of rebuilding communities, is enormous and beyond the capacities of governments to be able to respond to.

the realities of more extreme weather require us to be engaged internationally on mitigating as much damage as we can with the new reality.

We know this is going to be a long-term project--first, of course, dealing with the immediate individuals that are still in harm's way, and then looking at how the United States properly can assist in dealing with the long-term needs.