There is another question that kind of goes hand in hand with this.

additional capital requirements for large firms should be 'modest,' noting that capital levels are now extraordinarily high by historical standards

I hope today's hearing will provide an update on the implementation of these Too Big to Fail provisions.

We really appreciate that.

I think it is. Our priority of claims is pretty much what you have in bankruptcy.

But, you know, in my district and other places around the country GM essentially put people out of business like that, people who had auto dealerships in their families for generations.

It will be rules-based, it will be transparent.

the administration picked winners and losers, and not only do the taxpayers need to know, because taxpayers' money was involved, but certainly these Delphi retirees deserve an answer.

So what is your recommendation on how to address that?

I've been hearing that a lot, too, with rising gas prices, that the volunteers can't afford it.

I think particularly in rural communities, that is a solution to look for as we move forward.

I really appreciate you holding this hearing today.

Thank you.

we are involved in the race to the bottom right now.

And yet you have the gall to state that there is no sense of urgency, when you can look at the Dorsey Trailer case and see that, in fact, as Mr. Miscimarra pointed out, that it is almost on point with this one.

we have thousands of jobs that are at stake here.

Well, the last time I looked that the NLRB was an arm of the U.S. Congress.

No. We investigate every single charge that's filed in every one of our regional offices.