who is currently fulfilling those duties as vice merrimar ct the fed? >> the duties are distributed across the governors and the staff. but i would say the point person, as you know, is governor truello. i would like to see the position filled and see the board filled, as well. >> and my last question has to do with a balance sheet, which is about $2.9 trillion. how are you going to shrink that? do you have a plan? i'm sure you've talked ant it, we've talked about it a little bit at times. but that is a huge balance sheet to start shrinking. probably is not the time to shrink it now. how are you going to do that? >> senator, we have provided in numerous occasions an exit plan. for example, in the minutes i think some time ago we provided an agreement of the committee how we would proceed. in the very short term, we can both -- of course, allow securities to run off, which we've been reinvesting them at this point. and reduce the impact of the -- those securities on the economy, through various measures and by raising the interest rate we pay on reserves