Frank Lucas: “We've proven that new technologies are critical to emissions reductions.”

You have reiterated how Members of the Board would like to see a revised Basel proposal put out for public comment.

I have no further requests for time, and I am prepared to close once the gentlewoman from California closes.

Thank you, Mr. Chairman, and thank you, Ranking Member, for holding this hearing, and the witnesses for agreeing to testify.

The fact is the inflation is still running above the Fed's 2-percent target.