the Congress is last to the issue. States are first to the issue, like in most issues.

I would regulate everything. Don't worry about it.

I actually like the idea. I am very happy that we are talking about Federal standards.

Does anybody believe that to be true?

I am really concerned about this Dodd-Frank net, which has started to smother our small banks that are the backbone of our community.

So, of course, after this happened--Washington knows best--the big brother government sort of ran to everyone's rescue.

I come from Maine, and we do a lot of fishing up there. And sometimes a net should have holes in it big enough for the small fish to get through.

Can you point to me the law that empowers any United States Federal agency at the Federal level to regulate a non-SIFI, non-bank-owning insurance company?

So you are suggesting that the IAIS is something along the lines of a model law, trying to do best practices to suggest, to help our State friends see the light?

Could you cite that law to me?

I will clearly state that I have been a supporter of an optional Federal charter--I know that gets some people all worked up.