strengthen the resilience of the financial system: more capital, higher quality capital, higher iquidity buffers, stronger and -- arrangements for central clearing of derivatives that reduce interconnectedness among systemically important inancial institutions, strengthening of the architecture of payments and clearing system dealing with risks we see in areas like tri-party repo. all of these efforts -- and particularly focusing on the resilience of the most systemically important firms through sifi surcharges and other measures -- higher leverage ratios. i see this as the core step that we need to take in the united states and globally to create a safer and sounder financial system. and if were able to do that, reducing also the reliance on wholesale funding, if the system does experience shocks, it will be better able to deal with it. i would also put resolution planning which were engaging in actively as among those measures. and, you know, as i mentioned, i think cyclical policies and sector-specific policies that were seeing many emerging markets take steps that can be used, particularly w