Recent Crisis Reaffirms the Need to Overhaul the U.S. Regulatory System

Hillman, Richard J.
September 2009
GAO Reports;9/29/2009, p1
Government Documents
The article reports on the need to redevelop the regulatory structure of the U.S. financial system with the severity of the 2008-2009 financial crisis. It mentions the proposal of the Department of Treasury to reform the financial regulatory system that will make it more stable and safer for consumers and investors. It notes the recommendation of the U.S. Government Accountability Office (GAO) for the Congress to continue monitoring and ensure that changes to the regulatory system are effective.


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