Or at risk.
So there is no risk of a taxpayer bailout.
Now, the CFTC is focused on ensuring our regulations are responsive to today's markets.
The derivatives markets have changed significantly since the CFTC opened its doors back in 1975.
request to include letter from Hon. Jose F. Serrano, a Representative in Congress from the State of New York
I think a couple of points. One, as the Under Secretary said, we absolutely share your sense of urgency and that time is not on our side.
But I think what we need to do is to get every single country we can to imagine exactly what you said, Congressman, what would have happened...
Iran has not been serious. Iran has not been sincere.
The administration has implemented almost all of the sanctions listed in that Act.
We are absolutely committed to following through on the enforcement of all of our sanctions.
I think, going to the end of your comment, we would agree.
As you point out, Congressman, the most extreme is one that I think none of us want to see, though the President has said in instances like ...
There is no way we are looking the other way.
With your help, Senator, we have the toughest sanctions of any Administration on Iran.
There are many tools on the table--many tools on the table--and all countries have to do is pick them up and make them real.
We have stressed with the Chinese the need for restraint in Iran's energy sector by not only slowing down but stopping their activities.
It would have been catastrophic in so many ways that I think we cannot even begin to imagine.
We urge Chinese companies to discontinue activities in Iran's energy sector.
