Carl Levin actually said...

"It is imperative that not be the case here."

"I look forward to the definition on beneficial owners."

"We want to avoid a mandate as well, so we provide a possible source of funds, but we do not require that the source be used."

"My time is up, but I would just say that we ask banks all the time for who the beneficial owners of accounts are, and they provide that information to us."