jason lane? followed by patrick mele. >> thank you, madam chair, members of the committee, i'm jason lane with the california bankers association. just a couple points i wanted to make to follow-up on the previous presenters, i think it's vastly more complex, with all due respect to the previous presenters, than what has been presented to you, relative to cannabis banking. i think a couple things were mentioned starting a public bank with a new charter seems to be at least what i've heard today, one of the presenters gravitated towards that. i would just say, no matter what the charter is, or the public bank, be it a commercial bank or credit union, if that institution is formed, it will need insurance. and if it is insured by the federal government, it will not be able to engage in cannabis banking operations. if it wants to access the payroll systems, if it wants to wire money, make ach transactions, have a routing number, has to access the federal reserve system, therefore, until marijuana is