Bill Foster: “Well, thank you, Chairwoman Fletcher, Ranking Member Weber, and Dr. Fall for joining us today.”

I have been amused for a long time at how can it be that there is legislation supported by 70 or 80 percent of the public, a clear majority of Members of Congress, and yet we are not allowed to even vote on it.

If you conclude, as you are actively studying it, that you need more visibility into certain areas of, particularly nonbank things that may be parts of the chain of contagion, please let us know, because it is our job to avoid the next…

If you made it anonymous, you would allow Members to sort of probe support for centrist legislation.

Frankly, when I read about this, it triggered my PTSD from the AIG situation with credit default swaps during the financial crisis.