Thom Tillis actually said...

I can tell you that the lack of certainty and the risk of having your IP rights stripped has an absolute chilling effect on businesses.

I think if you were to eliminate those, you would open a wide door of intellectual property theft.

I think it is important for us to strengthen capital and liquidity requirements for large banks really up the spectrum.

I think that is going to be very helpful, because in my opinion I agree with former Fed Tarullo that he sees this as a regulatory lapse.