Financial Regulatory Reform: A New Foundation: Rebuilding Financial Supervision and Regulation

http://www.financialstability.gov/docs/regs/FinalReport_web.pdf

Presents the proposals for regulatory reform of the financial markets by the Obama Administration, including expansion of Federal Reserve powers over banks and thrift institutions, and creation of a new agency, a Consumer Financial Protection Agency, to prevent the spread of unsustainable subprime mortgages and abusive credit card contracts. From the White House.

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