the council, created by the dodd-frank law, includes jack and and thernanke, heads of the fdic and the consumer financial protection euro. this is 45 minutes. >> [indiscernible] i apologize. i did not realize the microphone was on. openld like to call this meeting of the financial stability oversight consul to order, and before we go to our regular order of is this, i would like to take note that this is the last meeting for two of our members, chairman bernanke and german g -- chairman gansler. chairman bernanke he will be at the january meeting, but this is actually chairman gansler's last meeting as chairman of the council. i would like to thank them for their dedication and service. i would like to thank chairman bernanke for the leadership of the fed during a period of time when his leadership made an enormous leadership difference. in the aftermath of the financial crisis, his boldness was critical to of hurting a great depression. with respect to the council's immeasurablemade cut emissions in so many areas. i would like to thank chairman gensler for everything he has done to pr