It's kind of shocking, when it comes to how irresponsible it is. It's emblematic of a desire to, essentially, increase corporate power.
Department of the Treasury
… 10036 Merging Functions. The new Administration should establish a more streamlined bank and supervision by supporting legislation to merge the Office of the … - page 705
… U.S. banking law remains stuck in - 10037 U.S. banking law remains stuck in the 1930s regarding which … should perform. It was never a good idea either to restrict banks to taking deposits and making loans or to prevent … - page 705
… regulation with competition and market discipline, thereby lowering the risk of future financial crises and improving the ability of individuals to create wealth. Chapter Department of the Treasury Page number 705 … Policymakers should create new charters for … - page 705
… Act.” Title I of Dodd—-Frank created the Financial Stability Oversight Council, a kind of super-regulator tasked … them out for especially stringent regulation. The problem, of course, is that this process effectively identifies those firms regulators believe are “too big to fail.”°* Chapter Department of the … - page 705
… - 10040 Title VIII of Dodd-Frank gives the FSOC similarly broad special-designation authority for specialized … as financial market utilities.™ Title II of Dodd-Frank established the controversial provision known as orderly Chapter Department of the Treasury Page number 705 … Title VIII of Dodd-Frank gives the FSOC similarly … - page 705
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