GAO Report: U.S. Regulatory Structure Complex, Fragmented
The U.S. financial regulatory structure could be streamlined to improve effectiveness, according to a report published yesterday by the U.S. Government Accountability Office.
The U.S. financial regulatory structure could be streamlined to improve effectiveness, according to a report published yesterday by the U.S. Government Accountability Office.
Senate Banking Committee Chairman Richard Shelby (R-Ala.) today released a draft of a sweeping financial reform bill that would provide regulatory relief for banks of all sizes, tailor the regulatory structure for systemically important banks and begin restructuring within the Federal Reserve System and at Fannie Mae and Freddie Mac.