mr. pearce. mr. pearce: thank you, mr. chairman. thanks, madam chair, for being here. kind of a continuation of the questions that mr. capuano had, do you-all ever sit around as a team and assess the things that were within your control leading up to 2008 that you-all were doing sort of a bad job of regulating and say, hey, we had internal failures here, we were signature in the room, we were allowing this, we saw long-term capital collapse, we saw the instability, i think greenspan actually forced the banks to come in and buy the bad assets because he could and because of trying to save a system. have you-all sat around and kind of had that discussion internally as a team that we need to do better? that set of discussions we've had over many years. and lessons learned, exercises of bad habits that happened, and what do we need to do differently so that it doesn't happen again. i have tried to describe in some detail in the testimony how we have changed the process of supervision as well as more broadly our monitoring of financial stability risks in the system outside

mr. pearce. >> thank you, mr. chairman. thanks, madam chair for being here. kind of as a continuation of the question that mr. capuano had, do you all ever sit around as a team and assess the things that were within your control leading up to 2008 that you all were doing sort of a bad job of regulating and say hey, we had internal failures here. we were sitting in the room. we were allowing this. we saw long-term capital collapse. we saw the instability. i think greenspan actually forced the banks to come in and buy the bad assets just because he could and he was trying to save a system. have you all sat around and had that discussion internally as a team that we need to do better? >> that's a set of discussions we have had over many years. lessons learned, exercises about how did this happen and what do we need to do differently so that it doesn't happen again. i have tried to describe in some detail in the testimony how we have changed the process of supervision as well as more broadly our monitoring of financial stability risks in the system outside just t

mr. pearce from new mexico. has been a very active voice on this issue. the speaker pro tempore: the chair recognizes the distinguished gentleman from new mexico. mr. pearce: thank you, mr. speaker. and i thank the gentleman for yielding. h.r. 511, the tribal labor sovereignty act, says it all. all we're trying to do is to provide native american tribes the sovereignty and autonomy they deserve, ensuring they have the same rights as other businesses off the reservation, and that they have the same standards as states and local governments. now, we heard on this floor from those who reject the bill, those who oppose it, that all we're after is decency, safety and pay. i'm from new mexico. i represent the tribes, and i will tell you we're falling far short of those objectives, of those who oppose the bill. many of the tribes are looking to get in their own businesses now, they want to compete off rizzer vation. they want o-- reservation. they want to put tribal members to work. but they're hamstrung by the national labor relations board which currently choo