So let us talk then, let us just connect it up a little bit. To the extent you have got high student loan debt loads and those students are paying high interest rates on those loans, is the Government exacerbating the problem?

Well, all right, but they have gotten bigger. So whatever you are doing is obviously not causing them to get smaller, and that adds additional risk.

Now if that report confirms that too-big-to-fail is still a serious problem, will the Department rethink its opposition and support taking steps directly to reign in the size of the biggest financial institutions?

I want to thank you for highlighting, once again, the importance of dealing with student loan debt.

We could address the to-fail part by trying to eliminate all the different ways that massive financial institutions could take on too much risk, or we could address the too-big part of it by breaking up the biggest banks so that even if…

But, Mr. Secretary, what has been the consequence of your having imposed these, as you put them, costs on size? We have watched over the last 5 years the largest financial institutions have gotten substantially larger.

But as we talk about the impact on the overall economy, there is a question about whether this weak labor force participation and low wage jobs is cause or effect or if it is both.

It seems like we are playing a game of Whack-A-Mole. As we address some sources of risk, others start popping up.

These banks are taking on new forms of risk

Thank you very much. Chairman Boxer, Ranking Member Paul, members of the committee, thank you for this opportunity to discuss the importance of combating violence and discrimination against women worldwide.

So, you would argue this is not adding liquidity to the marketplace----