Jeb Hensarling: “It is time for a new paradigm in banking and capital markets.”

reduce taxpayers' risk, codify into law an explicit government guarantee, and increase market competition.

Thank you, Ms. Grimes, for your testimony. We know it is not always easy to be in this chair and discuss these types of charges.

I continue to encourage you, Mr. Secretary, we need to have metrics of progress.

How are we that much better off? And if we could put up a slide, you are asking community banks to make a forecast.