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President is doing? >> i like the consolidation of consumer protection into one place, although i want to be sure that the consumer protector is not so independent that the balance of solvency of banks, because stockholders have not been well protected, lust like consumers lately, that that's balance. i like the consolidation of bank regulator. we had do many of them. i think the strengthening the powers of the fed is useful, though, i would point out in the recent crisis the fed didn't use all the powers that it had. so, i think those things are good, and i'm for that. i'm not against changin...

I don't know if anyone objects to that. even the trial bar doesn't want to see frivolous lawsuits being brought. the idea you're going to wipe them outaltogether doesn't make any sense. we lose 100,000 people a year because of medical errors in this country. 100,000 a year. the idea that you're going to excuse that or make it the exercise is going to be something you have to pay a price for. i think that's a mistake. having a sense of balance about it makes sense. i think the president has done that. >> let's talk about the stock market, your bailiwick, trying to get some kind of consumer prot...

States to see if we can't do a better job of reducing the frivolous lawsuits where they exist. i think it's a major step forward. it needs resources. the president offered that today as one of the suggestions. i don't know if anyone objects to that. even the trial bar doesn't want to see frivolous lawsuits being brought. the idea you're going to wipe them out all together doesn't make any sense. we lose 100,000 people a year because of medical errors in this country. the idea that you're going to excuse that or make it the exercise is going to be something you have to pay a price for i think i...

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