I am very proud to be a co-sponsor with him of that legislation.

I want to applaud the Administration's proposal for an 18-month extension of SAFETEA-LU.

I know not everyone was anxious to hold this second hearing. I am glad that we have.

I believe that there is a balance that can be achieved by working together.

I want us to work hard to get this right.

Thank you. Mr. Chairman, my time has expired. Will there be another round?

I think Delaware might have been the first State in our country to adopt legislation responding to concerns expressed by law enforcement regarding illicit practices of registered agents.

I think those are good to point out.

I appreciate the time that you and others on your committee have spent on trying to find a workable compromise on this issue.

I think there is probably one thing--I had not planned on asking this question, but it would seem to me the beneficial owner of an account at a bank might be fairly easy to identify.

I just want to know, is this really the best possible way to address money laundering?