Of an organization that is how many have grown out of that though. Every time you kill one, you get 10 or 20 more to join the cause. So are we winning . And it has helped the iraqi forces, the partners and kurds Iraqi Security forces retake key strategic areas. In five months, i think there is limbed and preliminary but significant evidence that this combination of limited u. S. Force and partners is working. I appreciate your time. Im out of time. Thank you, mr. Chairman. I thank the member from florida. Well we appreciate the time of all of our witnesses here today. This was a start of a very important conversation so i think as we deal with this, deal with this growing threat from isis and as we deal with the president s request we thank you again. Were going to be submitting some additional questions to our panel. Appreciate your response and we stand adjourned. A reminder that if you missed any of todays hearing you can watch at anytime in our video library. Just go to cspan. Org.
This is a bit of a followup to chairman shelbys question. The acts require you to publish rules for public comment, review rules for impacts on Small Businesses consider less burdensome alternatives reduce paperwork burden. Youre also currently undertaking the agrippa process. Question is this. A couple question and if youd just start and work your way down. Do you think your agency adequately takes into account the cost and benefits of the rules you write, what impact would additional analysis requirements have on your ability to implement new rules. Might some of these proposals actually stop rule making in its tracks or slow it down so the burden is too great to move forward . Ms. Everly begin with you, please. Okay. Well, we certainly do try to carry out the cost benefit analysis. Up our policy on rule makings, we consider the cost the benefits and alternatives based on available data. We ask a lot of questions during the rulemaking process to garner the impact on institutions, and
Activities and what steps youre taking with other federal officials to pursue these matters. Okay. Well, first of all, again, i cant really speak to the specific matter that is under investigation, but i can tell you with regard to hsbc we have three, weve entered into three formal enforcement actions, consent, cease and desist orders, and those related to compliance. Activities and one related to Compliance Risk management in general. So we have been, obviously, working on issues with the firm related to compliance generally. I will say that in any situation, wlr theres an investigation, if we have evidence or we are provided with evidence that there is a violation of law or breach of safety and soundness based on activities and especially those that might involve tax evasion, take that very seriously, we would favor certainly moving forward and firmly committed to talking any appropriate sanctions or penalties that would accrue from the outcome of that work. Is there as you know very
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