i announced that responsibility was assigned and i asked chuck schumer to work with mike crapo on thecorporate governance part of the bill. i asked him to work on too big to sell and they divided it up and begins work on us. as one member involvement is critical and they became co-authors, if they could. the white house produced this, but something else is they had made a series of 20 recommendations that they felt were necessary for global rules in the financial services sector and i felt very strongly that it was important that we try to develop harmonization and the united states ought to leave. but we also want to set this aside. this is hard to do. because you are dealing with europe and the united states. the next crisis will involve more than just europe and the united states. it could be almost impossible to put the genie back in the bible when it comes to harmonization of financial rules. that was a guiding view of mine is really afford in drafting the legislation. so i will be eternally grateful to democrats and republicans on the committee. bob corker has stepped up and dec

there, but in my discussions with the senate banking chairman, tim johnson, and ranking member mike crapo, i'm cautiously optimistic, they, too, may move some legislation in the fall, and i believe, clearly, as does the majority of the house financial services committee that the path act is the path forward, but the voters spoke, and in the last election, there is divided government, and as i said before, that's why god made conference committees, and i wish to get the path act to conference committee. >> let me say as one in the senate for better part of a term, i saw one or two conference committees the entire time i was there. that would be, i think, welcomed news to those who study civics in our schools that actually we could come together, and so i guess that would be the follow-up question. .. >>> i became discouraged when it was allowed to gather dust for roughly two and a half years. had a number of conversations with secretary geithner at the time. i was convinced at the sincerity wanting to move forward. i continue have a good, clear picture. i'm encouraged to the president weig

but in my discussions with the senate banking chairman tim johnson and with ranking member mike crapoi am cautiously optimistic that they, too, may move some legislation in the fall. and i believe clearly and since the majority of house and the financial service committee that the path act is the path forward, but the voters spoke in the last election. they are is divided government. and as i said before, that's why god made conference committees and i wish to get the path act to a conference committee. >> let me say that as someone who's in the senate for a better part of the term, i only saw one or two conference committee the entire time i was there. that would be welcome news to those who study civics in our schools that actually we could come together. and so i guess that would be the follow-up question but do you think we could end up in a conference situation? do you think the senate would agree to a conference, and with the house leadership agree to a conference? >> well, to the extent i anything to say about it, we would go to conference. you know, i've got a nine year-old so