Jeff Merkley actually said...

The twin peaks model is viewed as advantageous by some because the two principle objectives of financial regulation, systemic protection and...

I will just close by echoing concerns about the community banks and also about our credit union system.

I think the thing that the Federal Reserve has done well is monetary policy, not that they haven't made any mistakes.

I don't see why--they certainly haven't done a great job on prudential regulation.