Kent Conrad: “I think you will find a lot of allies on both sides of the aisle on this committee with respect to CFTC jurisdiction.”

It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.

I thought he was an outstanding Committee Chairman, and my former intern has succeeded him in his Congressional seat.

Can I just respond quickly, Mr. Chairman, and say when Simpson-Bowles went down, a group of six of us in the Senate, three Democrats, three Republicans, were asked by leadership to see if we couldn't come up with a way forward to adopt the…

I do, and I made that argument to the commission, and others on the commission made some of the points that you are making now.