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The Future of Financial Reform

In this CNBC video, Rep. Paul Kanjorski, D-Pa., says the media should better inform the public on what exactly is contained in the two financial reform bills. He also talks about the "Too Bill To Fail" bill, and how regulators will now have the ability to delve into organizations and limit the products of companies that seem too big to fail but that could cause future systemic risk to the financial system.

In this CNBC video, Rep. Paul Kanjorski, D-Pa., says he is optimistic that financial reform legislation will be passed shortly, but that the media should better inform the public on what exactly is contained in the two financial reform bills. He also talks about the "Too Bill To Fail" bill, and how regulators will now have the ability to delve into organizations and limit the products of companies that like Fannie Mae and Freddie Mac seem too big to fail but that could cause future systemic risk to the entire financial system. In this CNBC video, Rep. Paul Kanjorski, D-Pa., says the media should better inform the public on what exactly is contained in the two financial reform bills. He also talks about the "Too Bill To Fail" bill, and how regulators will now have the ability to delve into organizations and limit the products of companies that seem too big to fail but that could cause future systemic risk to the financial system. Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio

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