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butou look at the number, if you look at what we can do better in that country or this country, therey of things we can do better around the world. a lot of it will go with technology. competition is a good thing. i have never been worried about competition. you want a competitive world. >> as long as you are betting on that. >> that is our goal. that is what we try to do. >> we spoke in paris and talked about regulation. are you still as confident about the future for wall street? >> yeah. when we talk about regulation, the trump administration wants to deregulate certain things. most of us in business think regulations have been holding back growth. not j.p. morgan. it is important to understand that. i am still optimistic they will have some regulatory reform. it makes sense. in my democratic friends understand it makes sense to look at what was done, what could be done better, what could simplify the burden on businesses, what could help people grow the economy. no one is asking for wholesale throwing out of regulations. just look at it in the light of day. >> coming up, highlight

. >> i think if i understood and i don't mean to speak for michelle, butou the point was taking your point the justice system will weed out the bad arrests from the criminal perspective. the problem is people are surfaced to i.c.e. potentially and face removal proceedings and not in your jurisdiction, where people weigh carefully, right, whether arrests should be made and are t rigorously trained an try to follow carefully the proper laws, that there are other jurisdictions in the country where people are not as careful about what they do from a criminal perspective, and the real, that people are far more adversely affected or can be by removal proceedings than by whatever the criminal issue is for even if the arrest is ultimately dismissed. is that what you are trying to get at? >> yes. >> okay, so tracy, and then i want to shift gears a bit to betsy and to tom. >> great, thank you. lett me just first respond to te comment as it relates to, is it aa numbers game, are we trying o get deportations to a certain level? that's absolutely not the a cas. this is all about public safety. we