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To people on wall street and this will reduce that risk taken by investment banks and that's quite helpful i think. people don't really pay much attention to regulation. it's boring. they want to see scalps nailed to the wall, they want to see prosecutions. i think prosecution is a very effective tool for dealing with wrong doers. but i don't think it really changes the culture of wall street very much. regulation really will. i think it's quite a sophisticate achievement. >> emily, what other things do you think he is passionate about? you speak for all of cap. the definitive last word in ter...

Working on that and health care as well. a lot of ro bust health care department at cap. putting out a lot of work. i think the way that john has built cap i think says a lot to his way of thinking and the way moving forward, what are you bringing to the white house? the fact that we're looking at forward thinking ideas. big picture ideas. the things that could not today that could implement in the future. also having that piece of helping with the issues today. >> well, jeff, one of the things the president was criticized for in the election was that it was all small potatoes ideas, right, th...