what about cmbs.ard about the wall of 1.5 trillion dollars of cm bs could talk everything up. listed rates trough. 12 months later private rates dropped. they are in the process of crossing if they have not already. something interesting happens on the heels of that. delinquencies don't peak until valuations trough. why? you mentioned in the grieving process. i believe that is representative of the acceptance stage. lenders don't want to sell distressed properties to a distressed market. they want to sell distressed properties into a stabilized market. it is only when you have more clarity on where valuations are that distress begins to rise. but, it's a contrarian late cycle indicator you can get more constructive on private cre valuations. abigail sonali mentioned valuations. even though it's not as many as we expected couldn't pull it forward? could it be closer to 12 months or 24 months for cmmbs. richard: last cycle cmbs delinquencies peaked two years after valuations dropped. it's possible it's

that is my own piece of legislation that was signed into law, regarding cmb, which protects providers, informing their workers of potential exposure to this virus when working in childcare facilities, and it was particularly impactful when a person is pregnant. but back to the staffing. we have to make sure that these workers are compensated. when you look at other countries as it relates to childcare, it is much more robust, and often much more affordable for families, because there is an emphasis on making sure that we support the systems and stock that will require funding. >> next question is for the senator. in the wake of the 2018 supreme court ruling, some states legalized mobile sports wagering. in new york, it has resulted in hundreds of millions in tax revenue. at the same time, the proliferation of advertisement in the industry have been blamed for exacerbating problem gambling. in the vein of, say, alcohol regulations, should congress impose stricter controls on how sports betting sites are advertised? >> as we talked about algorithms with tiktok, they are predatory practi

that is my own piece of legislation that was signed into law, regarding cmb, which protects providersers of potential exposure to this virus when working in childcare facilities, and it was particularly impactful when a person is pregnant. but back to the staffing. we have to make sure that these workers are compensated. when you look at other countries as it relates to childcare, it is much more robust, and often much more affordable for families, because there is an emphasis on making sure that we support the systems and stock that will require funding. >> next question is for the senator. in the wake of the 2018 supreme court ruling, some states legalized mobile sports wagering. in new york, it has resulted in hundreds of millions in tax revenue. at the same time, the proliferation of advertisement in the industry have been blamed for exacerbating problem gambling. in the vein of, say, alcohol regulations, should congress impose stricter controls on how sports betting sites are advertised? >> as we talked about algorithms with tiktok, they are predatory practices here. in fact, i s