morgan. i would like to welcome my guest, bill isaac.joining me this morning, bill. >> thanks, rick. it's always good to be with you. >> wearing your former hat, it seems as though the fed is changing the rules with regard to dodd/frank. four regulators, the office that controls the currency and the fdic after the fdic announced last week record bank products q1, $68 billion. is this something we need to see? why is it being done now do you agree or disagree with easing back these rules, bill? >> i think dodd/frank really overdid things in some ways. and i think the regulators were overly reaching. i don't agree with everything they might do. for example, they eased big bank capital standards a couple of weeks ago or three weeks i was concerned about that governors brainard of the fed and chairman grunberg of the fdic did not follow seat they descented against that. s i don't think there's a big movement in hand to change all these regulations or wipe them out. i think they're trying to make them easier to apply and oversee and for the b