 United States and the Secretary of the Treasury. Well, thank you all very much, and thank you for joining us to sign this historic reform. This bill is the most important legislation for financial institutions in the last 50 years. It provides a long-term solution for troubled thrift institutions, its pro-consumer granting small savers greater access to loans, a higher return on their savings, and when combined with recent sharp declines in interest rates, it means help for housing, more jobs, and new growth for the economy. All in all, I think we hit the jackpot. Let me just divert here for a moment to underline the importance of something that we've been saying since our administration took over, bringing down inflation, brings down interest rates, which brings back the economy, and what a better way to cap off a big week of momentum toward recovery than this morning's producer price index report, down another one tenth of one percent last month, and up only 3.1 percent so far this year. If that rate holds steady, it will be the best performance in 10 years. Now this bill also represents the first step in our administration's comprehensive program of financial deregulation. I particularly want to commend the leadership of Chairman Senator Garn, Chairman St. Germain, along with Secretary Reagan and his fine team at Treasury. They did a remarkable job forging a consensus within the Congress and among affected industries in favor of the bill's deregulatory provisions. I'd like to also thank Congressman Stanton, Wiley, and LaFaults for their assistance. What this legislation does is expand the powers of thrift institutions by permitting the industry to make commercial loans and increase their consumer lending. It reduces their exposure to changes in the housing market and in interest rate levels. This in turn will make the thrift industry a stronger, more effective force in financing housing for millions of Americans in the years to come. Unfortunately, this legislation does not deal with the important question of delivery of other financial services, including securities activities by banks and other depository institutions. But I'm advised that many in the Congress want to put this question at the top of the banking deregulatory agenda next year, and I would strongly endorse such an initiative and hope that at the same time the Congress will consider other proposals for more comprehensive deregulation which the administration advanced during the 97th Congress. So thank you all again. I'm very pleased to sign this Garn St. Germain Depository Institutions Act of 1982. Let me get re-elected for once. Talk to Jake. Oh, number third. Yeah, wait until the third. I didn't know you were having trouble for it. I didn't know you were having any trouble. Roger. Oh, I'm sure they'll eventually. Yeah, that's exactly what it's for. You're running out of it. Yeah, I'm running out of it. I really am working on it. Yeah. They get the best. They get the best.