The Banks Act Amendment Private Member's Bill intends to change the current legislation so that the state can create, own and manage a bank, including municipal-owned banks. When we first raised the issue of the state-owned bank through debates, motions and draft resolutions, we were ridiculed as misguided, naive and unrealistic, and I won't even mention that in the video, but just follow my eyes. [Interjections.] But when we tabled the legislation that would change the face of South Africa's financial and banking sector, National Treasury's racist Ismael Momoniat tabled and suddenly drafted and clumsy Financial Matters Amendment Bill that proposes amendments already tabled by the EFF to reject the EFF Banks Amendment Bill because of pure opportunism. The National Treasury and the ANC representatives in the Portfolio Committee on Finance are extremely misguided.