I think this is a very important Subcommittee, and you are doing extremely important work.
We are having to let go loan officers to hire compliance officers.
But the serial permitting is as bad as serial killing. It is a form of serial killing, I guess.
Capital goes where it can earn a return and where there is a reasonable certainty of that return.
Permitting is generally too costly and the process is too lengthy.
I think that is the key, that intelligence is our first line of defense in this new world.
Your people are an essential part of that.
I hope you will take the message back to your people that they have one of the most important missions in this country.
I'd like to engage you to do a similar study of the entire U.S. Government.
I just hope you'll convey that those of us here understand and appreciate that.
It's a miracle because of the credibility of the deterrent.