Why should we start expressing hope because of the selection of certain people into the committee while the composition could mean something, its not enough to express hope until the decision is eventually made because when decision that involves ETFs, it goes beyond the committee. The committee can decide to its favour but all stakeholders in the financial industry would be needed to ensure its success which means if all those variables are not put properly addressed and made to fall in line, it's dead on arrival.

Aside that, federal positions are not something you used for the benefit of your primary constituency as that would mean partisanship that every professionals would want to do against and avoid it to be that obvious in their decision making.