mr. demarco to hear it will have with mr. demarco. and i hope the bush appointee who had that position before him and was a holdover, and mr. feinberg, and probably sheila bair, that is i think it makes sense to separate out the issues of what we do about private sector compensation, where our members are much more limited one as we all agree and public sector compensation to the question for mr. demarco is what we do about public sector competition. i'm not usually the one who welcomes conference trip that should not in my side of history but i do want to welcome my republican colleagues to converge into the notion we should regulate the pay of fannie mae and freddie mark a clash of this committee twice reported bill to the floor which explicitly proposed restrictions on the pay of fannie mae and freddie mac. and the republicans oppose it in committee and posted on the floor. indeed, in the case of one of the bills, the one on private sector, because it wasn't clear what the status was at the time, the gentleman from texas, mr. hensa