In mid-June 2009, President Barack Obama issued a white paper covering a wide swathe of areas of financial regulation that proposed a new architecture for financial supervision. The white paper proposed two new authorities: a National Bank Supervisor and a Consumer Protection Agency.
Regulating the regulators in the US: The conservative proposal of President Obama
Donato Masciandaro, Marc Quintyn , 1 August 2009
Topics: Financial markets, Politics and economics
Tags: central bank, financial regulation, Macro-prudential supervision
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