On the recordFebruary 26, 2004
Well, this proposal has a ticking time bomb in it.
Well, this proposal has a ticking time bomb in it.
Senator Bond expresses concern about the proposal's potential negative impact.
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You mentioned that you are still confident in the official $5.8 billion estimate or whatever it was that OMB came up with.
I think one of the most critical values that will come of financial reform, if it gets passed, which I strongly encourage, is that without question, no one is carving out the products that you address.
That number needs to be publicized because that is the greatest prophylactic to let people know if they are going to do it.
Yes, we would like to know because we need to get a handle on this somewhere.