Did Treasury Drop Ball on Regulatory Overhaul?

Hopkins, Cheyenne
December 2009
American Banker;12/31/2009, Vol. 174 Issue 231, p1
Trade Publication
The author focuses on regulatory reform by the administration of U.S. President Barack Obama. The author reports that the final legislation is expected to be significantly different than what the U.S. Treasury Department originally proposed. He mentions that the Federal Reserve Board will likely have less authority and a new consumer financial protection agency will have limited enforcement power.


Related Articles

  • The Fed, The Council, And a Whole Lot of Gray. Hopkins, Cheyenne // American Banker;7/20/2009, Vol. 174 Issue 137, p1 

    This article considers aspects of a proposal by the administration of U.S. President Barack Obama that the U.S. central bank the Federal Reserve Board (Fed) be the sole regulator of U.S. financial institutions. Michael Barr, U.S. Treasury Department assistant secretary for financial...

  • Decision on Fed chair's 2nd term the right one.  // Business Insurance;8/31/2009, Vol. 43 Issue 30, p8 

    The article offers insights on U.S. President Barack Obama's decision to nominate Ben Bernanke for a second four-year term as chairman of the Federal Reserve Board. It relates that Bernanke was one of architects of the federal government's rescue of American International Group. It notes that...

  • Obama Plan Would Give Fed Seat on FDIC Board. Hopkins, Cheyenne; Adler, Joe; Flitter, Emily // American Banker;7/24/2009, Vol. 174 Issue 141, p16 

    The article reports on the regulatory reform plan proposed by U.S. President Barack Obama. Under the regulatory plan the U.S. Federal Reserve Board would be appointed to the fifth seat on the Federal Deposit Insurance Corp.'s board in addition to proposed power over systemic risk oversight....

  • Geithner Ducks Key Question. Hopkins, Cheyenne // American Banker;3/27/2009, Vol. 174 Issue 59, p1 

    The article reports on U.S. Treasury Secretary Timothy Geithner. Geithner spoke with the U.S. Congress in regards to regulatory reform but did not mention any specific government agency which would be in charge of those companies thought to present risks to the U.S. economy. The Federal Reserve...

  • Protecting capital from itself: U.S. attempts to regulate the Eurocurrency system. Hawley, James P. // International Organization;Winter84, Vol. 38 Issue 1, p131 

    In this article the author examine the conflict between the U.S. Transnational banks (TNBs) and the U.S. Department of the treasury and the Federal Reserve Board over government attempts to regulate the Euro currency system in 1979 and 1980. From the mid 1970s through the early 1980s TNBs,...

  • HY Market Still Quiet And Awaiting Relief. M. S. // High Yield Report;11/10/2008, Vol. 19 Issue 43, p1 

    The article focuses on the high yield markets in the U.S. It states that the sector watches for market reaction to the Federal Reserve and the Treasury Department's efforts to secure the financial system and waits for the reaction to the election of Senator Barack Obama as president. It mentions...

  • Talf Lending to Hit $1 Trillion--CMBS Included. Sloan, Steven; Flitter, Emily // American Banker;2/11/2009, Vol. 174 Issue 28, p3 

    This article presents information about U.S. President Barack Obama's plan to revive U.S. financial markets. The Federal Reserve Board has said that it will lend up to $1 trillion against consumer-related securities and the Treasury Department has increased its share of the recovery program to...

  • Regulatory Reform Plan Seen Mired In Disarray. Hopkins, Cheyenne // American Banker;8/6/2009, Vol. 174 Issue 150, p1 

    The article discusses problems that exist with plans by the administration of U.S. President Barack Obama to reform the U.S. financial services industry. The author states that members of the U.S. Senate Banking Committee do not agree with Obama's plan to give the U.S. Federal Reserve Board...

  • Why We Feel So Rotten. Forbes, Steve // Forbes Asia;Dec2014, Vol. 10 Issue 14, p15 

    The article discusses a survey from the U.S. television broadcasting company National Broadcasting Co. Inc. which depicts the political and economic systems in the U.S. as of December 2014. It states the involvement of the U.S. Federal Reserve Board and Department of Treasurer in the weakening...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics