joining us from washington, mike konczal.nteresting about the bill is it was bipartisan, so the talking points among republicans and democrats, is that it removes regulatory burden on the community banks and a smaller lenders. how are they misleading the public by stressing that? mike: the biggest beneficiary, probably in net terms, are the medium-sized banks, between $50 billion-200 $50 billion in assets. together they control about a sixth of the u.s. assets. they are huge beneficiaries and they lose regulations that are important for stability, such as enhanced capital of requirements and a stress tests. there's also a lot of consumer deregulation, things that make it harder to enforce laws on subprime lending and so forth. a couple of loopholes in here as well, that we think will benefit the largest players in terms of how easy it is to write rules going forward. also domestic subsidiaries of a foreign banks. there is a lot across the board that goes way beyond trying to provide relief for community bankers. joe: do you t