Thank you, Mr. Chair. I thank our witnesses for appearing here today.
I might explain to John and some of the other members and remind them—I'm sure I've reminded you a couple of times—that this is about the 7% of private pension plans that we actually regulate federally. Some of them were in very serious trouble over the last year, and that's why we put these changes in. They're not out of the woods yet. And I guess that would be my question. I've tried to implore this committee to move this along quickly because we have a June 30 deadline on the solvency of many of these funds that are not out of the woods. We seem to be stalling this bill because some people say there are too many fringe things in it. We've got some very important legislation. Is this not probably one of the most time-sensitive issues in this bill?