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About financial regulatory reform, the president signed it into law yesterday. it is the beginning and falls to the rule makers to come up with how the statutes will be enacted. medium and large-sized corporations are making large profits and not hiring. i don't have to tell you. they say it's because of uncertainty, uncertainty that persists because of the rule making process to last years. do you think they have a legitimate beef there? or do you think that the business are just making up a prete pretextual argument? >> i think a major source of uncertainty is the overhang from what were the...

I mean there's one incredible statistic, dylan. 15 years ago, the six largest banks, the total assets, total assets totalled 17% of gdp. the six largest banks today, their total assets combined are 63% of gdp. and that's too big. that's, they have -- it's about risk. but it's also about the size ever these banks and the economic power they have in their ability to infect the whole economic financial system we have in this country. >> if you were to look at the conversation we've had on this show so far today, richard trumka runs the afl-cio, senator tom coburn, a conservative republican senato...

That he condemned that hillary, biden condemned. if he uses that process and rams it down the throat after all the other corruption, you don't see a huge political price? >> i do believe there will be some political price. >> sean: huge! >> the process is what should be done the policies -- what i'm saying -- >> sean: you are struggling. >> the only one that loses, is the rule makers in the senate. >> sean: time to check in with greta van susteren for a sneak peek. not about waxing your back tonight, is it? >> greta: no, that was last night. we barely dodged a bullet on that one. i was surpris...

That he condemned that hillary, biden condemned. if he uses that process and rams it down the throat after all the other corruption, you don't see a huge political price? >> i do believe there will be some political price. >> sean: huge! >> the process is what should be done the policies -- what i'm saying -- >> sean: you are struggling. >> the only one that loses, is the rule makers in the senate. >> sean: time to check in with greta van susteren for a sneak peek. not about waxing your back tonight, is it? >> greta: no, that was last night. we barely dodged a bullet on that one. i was surpris...

Lawmakers to decide how to mete out punishment for years to come. >> no, no, dagen, hold on. that's not very unusual. it's not leaving it in the hands of the lawmakers, it's leaving it in the hands of the regulatory rule makers, which is a long established tradition, which, by the way, gives industry the opportunity to say, this is how-- >> wait a minute, wait a minute, sounds like the regulatory police are coming. right now, getting to the scene of the crime. ben, here is what i want to ask you. say what you will, clearly in the closing phases here this is a rush job and what we've learned fr...