Just as the Great Depression led to the creation of new institutions and financial practices, the Obama administration is on track to impact financial regulations.
The Rise of a Financial Stability Regulator
May 28, 2009
Just as the Great Depression led to the creation of new institutions and financial practices, the Obama administration is on track to impact financial regulations. One of the new concepts involves a financial stability regulator, Wall Street Journal's David Wessel explains. The big question remains: "How much power will be given to the new regulator?"
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