If Members of Congress think FASB is going to harm our economy, they will be forced to act.

I think it is a very bad idea if Congress gets involved in telling private boards what to do.

Secretary Abernathy, does the Treasury believe that all GSE's, including the TVA, should register with the SEC?

Well, you both realize that registration with the SEC was the red flag for Freddie.

I just had a very good meeting with the Federal Home Loan Bank Board of Cincinnati.

Does that trouble you, though, that just 1 out of 12 would come forward and voluntarily register?

Do you believe all--this is for either--housing GSE's should have the same regulator?

Last, but not least, I disagree with your definition of 'or.'

We desperately need to restore investor confidence.

I do not think anyone here is not thinking about the military action in the Middle East.

I hope you keep that in mind when you are writing your final regulation.