Jack Reed actually said...

This is the inclusion of the warrants provision, which I insisted on being included with the support of my colleagues.

I was listening closely to the recollections of both you and the Ranking Member about September 2008 because I was also there.

But having done all this work, that reaction was not irrational, given what they were seeing in the marketplace, given the contagion, given ...

But, can you sort of help us understand how--if H.R. 1 or something like it was passed, how it would impact the ability of the States and th...