We applaud the subcommittee's goal in ensuring that remittances remain accessible and affordable.
FISCA supports the introduction of a legislative solution designed to relieve banks of excess regulatory burdens in serving our industry.
I think it is all very important. We really need to help the unbanked in many ways.
The Chair yields to the gentleman as much time as he may consume.
I would like to ask Mr. McClain and Mr. Thompson to respond to a bill that I have put forward called the Money Services Business Act.
It's regrettable that a dangerous and totally unrelated provision was added to a very important consumer protection bill, and you should not...
It's regrettable that a -- a dangerous and totally unrelated provision was added to a very important consumer protection bill. And you shoul...
Is that true or not, that the life insurance portion did not receive, nor did it need bailout, that it was properly managed?
Do you share that belief?
Why did AIG meet the criteria of systemic risk while Lehman Brothers did not?
What proportion of the AIG counterparties would have faced bankruptcy, without Federal bailout of AIG?