Thank you very much to all three witnesses for your introductory remarks.
Colleagues, I'm going to let you know that because of that late start, we're going to have to cut the final slot. On my list from each party, I have Madam Borrelli and Mr. Bardeesy. I'm letting you know now so that if you want to make some changes, you'll have the ability to do that. We have to be on time given that we have the report to deal with at the end of the second hour. I'll let you figure that out internally.
For now, Madam Dancho, the floor is yours for six minutes.