. >> unequivocally congress wom, a state regulator should be in the conversation with the council. >> should it be rotating, or could we use the office of insurance information? >> that's right, i expect it would be rotating. i think there's value in having that diversity of opinion, although a consistent standard message, but diversity of perspective, absolutely. >> thank you very much. i yield back. >> thank you very much, mrs. biggert. >> let me ask, we're here debating this largely because of actions that stemmed from the problems at aig with expensive trading and credit default swaps out of their financial products unit in london that was not regulated by state commissioners but by the federal government, the office of thrift supervision. however, some are using the collapse of aig to argue for the creation of an optional federal charter for the insurance industry. as i said in my opening statement, this is somewhat problematic because here we've got an entity that had the federal oversight so the question has to be asked, would an optional federal charter had it been in place, w