I would like you all to comment upon the need and necessity to get it done quickly.
I think it is important to point out that the cap is 36 percent.
We all understand that our soldiers, sailors, marines, airmen, and Coast Guard are all making a huge sacrifice for the country, and we have ...
We passed legislation, for example, that tried to cap lending at 36 percent for active-duty personnel.
I think, again, is absolutely essential.
If there is any group of people we need to protect with vigor, it is those who have given so greatly for their Nation.
A final question. I am concerned about the impact on municipal participants.
But here, again, I think Senator Shelby's comments go right to the heart of what our job is.
But here is the situation. You have a prominent fund that miscalculated, in the case of the experience in 2008...
That is a possibility, and specifically it is addressed by Congress in Dodd-Frank.
But that essentially--I mean, we are getting to sort of what this all might ultimately rest upon--is the Federal Reserve stepping in.