if uncertainty is an issue and you want to get past the process of resolving what happened before and what is the basis for the rules going forward, then you shouldn't have more delay. You need to have rules now.
Frank emphasizes the need for immediate regulatory rules to address financial uncertainty.
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Mr. Frank. Mr. Garrett, if it was a serious question, you wouldn't ask it with no time left.
I originally wanted it to be a single director. The intraparty votes in the House... wanted it to be a commission, so we compromised.
I look forward to congratulating you, Mr. Chairman, on a fourth anniversary coming up.
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