"I do hope that over course of the next short period of time we're able to figure out a way for the entity to function in a manner that makes everyone on both sides of the aisle feel comfortable, " said Sen.

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Gretzky won four Stanley Cups with the mindset of making the team function as a higher performing entity.

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Dismantling the entity that performed this function during the Cold War, the U.S. Information Agency, was just one of the precipitous and strategically portentous mistakes made in the heady days following the tearing down of the Berlin Wall.

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The exchange's regulatory function would be spun out as a separate, non-profit, private entity with its own management and board.

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This would mean regulating consistently in two ways--regulating the function, in this case taking deposits and making loans, and secondly, regulating the entity in terms of its financial soundness.

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