Congress considers broadening Fed's oversight powers
Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, has released draft legislation that would give the Federal Reserve more oversight authority, including the power to require systemically important firms to shrink. The measure is expected to be highly controversial because many have criticized the Fed for contributing to the global financial crisis. Treasury Secretary Timothy Geithner and bank regulators will testify about the proposal before the House committee today.
Wall Street Journal, The | 10/28
This story published in SIFMA SmartBrief on 10/29/2009
House vote on financial reform pushed to December
Wednesday, November 18, 2009
Frank says consolidated super bank regulator is unlikely
Monday, October 26, 2009
House panel to tackle thorniest issues of regulatory revamp
Tuesday, October 27, 2009
|
SIFMA SmartBrief
Designed specifically for investment bankers, broker-dealers, and mutual fund professionals, SIFMA SmartBrief is a FREE e-mail newsletter. By providing a summary of the day's most important securities news, SIFMA SmartBrief saves you time and keeps you smart. Sign up today to receive SIFMA SmartBrief, FREE of charge. Learn more |
|