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For treasury today that you were freaking out about. >> yeah. his name is john elson. former ceo of bbt and ran thecato institute think tank. john ellison has the banking get willing rid of the fdic, get rid of federal reserve -- >> get rid of deposit insurance. >> but he said banks should be required to have much more capital. make them have lots more cash. and so the, i think it would be quite a bad pick. he seems like the sort of person who would say in 2008 -- >> let all else fail. >> i don't think wall street would like his nomination so my hope is there would be a coalition of republican...

>> get rid of deposit insurance. >> but he said banks should be required to have much more capital. and so the, i think it would be quite a bad pick. he seems like the sort of person who would say in 2008 -- >> let all else fail. >> i don't think wall street would like his nomination so my hope is there would be a coalition of republicans and democrats that would kill the nomination. >> thanks to you both. >> thank you. >> trump's other big announcement is his choice to be the next secretary of education. koch brothers align, mega hard activist, focussing on charter schools and vouchers for pr...