Jim Webb: “The United States sets the standards of transparency of our own business environment.”

Thank you, Mr. President. I thank the Parliamentarian for that clarification. (The remarks of Mr. Webb pertaining to the introduction of S. 3372 are located in today's Record under ``Statements on Introduced Bills and Joint Resolutions.'')

However, the administrative process which is the specific topic of your hearing today, is subject to unreasonable delays, lacks clear guidance and is expensive.

Senator Webb, your efforts with respect to Burma have played an essential role in this regard.

I would submit to you there was plenty of time in Libya.