I think over time it is hard to sustain that. Why? Just simply because one country is going to look at this and, you know, when things stabilize--and hopefully they will stabilize--that country is going to say, you know, we could get more banking business here if we tweaked this a little bit and tweaked that a little bit.
Johanns discusses the challenges of maintaining uniform financial regulations globally.
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I ask for the yeas and nays. The PRESIDING OFFICER. Is there a sufficient second? Mr. HATCH addressed the Chair. The PRESIDING OFFICER. The Senator from Utah.
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We should be darn sure about what we are doing, because it could have some economic consequences.
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