tom cooley. >> thank you. this microphone is on. i'm going to make some comments on dodd-frank. these are not comments on michael, who i think has done a terrific job, get a terrific job, and at treasury, and working on some of these very difficult issues. so i've got a few concerns about dodd-frank, but i do think we should all be grateful for the job that michael did. when dodd-frank past i was pleased that an important step forward have been made in making the u.s. financial sector safer. in particular, while placing the fed in charge of monitoring was not miss a show in my first choice, i thought it was a better thing to have the fed -- the fred -- the fed monitor all major financial institutions. that was an improvement over the previous system we had in which aig, bear stearns and others were regulated by institutions that really didn't have the ability to control or recognize the potential for failure of these companies. so i think that is a step forward. i intended to -- the protection agency. in my vi