Paul S. Sarbanes: “Good. Thank you very much.”

I cannot tell you how excited I am about her nomination to become the Librarian of Congress.

Yes. They have built up these currency reserves, very strong positions. And we owe it. We owe it.

I am pleased to join with Senator Cardin and Senator Mikulski sending in a letter in very strong support of Sarah Bloom Raskin to go on the Federal Reserve Board.

I think the best way to do it is to have a flexible exchange rate, and that will let the market work even more.