I think that there is only--I am aware of one bipartisan piece of legislation that Congress could take in the next month or two that would help avoid a double-dip recession, and that is legislation to maintain the qualifying loan limit.
Sherman emphasizes the importance of maintaining loan limits to prevent economic decline.
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I predict someone will introduce a resolution of disapproval and I invite members of this committee who have worked with us to prevent nuclear weapons in the Middle East, from non-democratic countries, to join in that effort.
If the Supreme Court really wants to cause a tailspin for our economy... it would rule that the Fed is unconstitutional.
The four agencies dealing with bank mergers... should provide updated guidelines and regulations for approving bank mergers.
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