We anticipate vigorous public comment on this proposal, and once we have carefully considered all the input we receive, we will move expeditiously to a final rule. As I noted at the outset, effective consumer protection can help to restore confidence in the mortgage markets and help to preserve the flow of capital to consumers who wish to purchase a home.
*** Let me anticipate my conclusions already now: The history of the international monetary system is marked by repeated – and often failed – attempts to establish fixed exchange rate regimes, in one way or another.