ms. vullovil is in the details and they did make this proposal yesterday. it's important to think about what does leverage ratio mean, which is what they are proposing to change. and the freeing up of capital, what does that mean? banks hold a positive ordinary people as well as people with greater wealth and the fdic insures those deposits. banks use those deposits to lend and if you start freeing up this capital, what you're really doing is allowing the banks to use depositors money to engage in other activities, and that the risk. entiret's a risk to our banking system, a risk to the ordinary people whose deposits are there and that's why the fdic is not one of the federal agencies that is part of this proposal and i think that's very interesting to think about. report is that the fdic is not too happy about this. the fdic is continued to be run by an obama appointee. politics aside, the fdic is an insurer and they are on the hook if there is an economic crisis or even just in one of those b