Wednesday, December 15, 2010

Start the United States for several decades will be the largest financial regulatory reform.

<P> Keywords: U.S. economy U.S. financial system reform </ P> <P> U.S. Congress will start next month, for decades the country's biggest financial system regulatory reform, lead banks, regulators and policy makers on this .content of reforms and a crazy bill to conduct lobbying activities. .</ P> <P> person familiar with the timetable of reform that the Democrat Barney • Frank (Barney Frank) under the chairmanship of the House Financial Services Committee (House Financial Services Committee) will be held in early June a hearing on the Treasury .• Tim Geithner (Tim Geithner) submitted a draft reform of the hearing. .</ P> <P> the complexity of the reforms and the crowded legislative agenda means that a key pillar - to allow regulators to take over a bank holding company going bankrupt resolution bodies - not likely before the end of the establishment. .</ P> <P> According to informed sources, the proposed resolution institutions and regulatory bodies in the cost of systemic risk may be small banks by large banks and with the commitment of hundreds of small banks despite the request that they should not pay the bill .. .</ P> <P> Independent Community Bankers Association of America (Independent Community Bankers of America) where the Chief Executive Officer Cam • En (Cam Fine), said the resolution institution "should be entirely by those who are considered systemically important or too big .to provide funds to fail. " .</ P> <P> the Federal Deposit Insurance Corporation (Federal Deposit Insurance Corporation) main Xixi La • Bell (Sheila Bair) has been lobbying Congress to grant an early date to take over power if a sudden economic downturn has severely weakened the system an important .of large banks, then you can use this power to take over the bank. .</ P> <P> British "Financial Times" Tom • Braithwaite (Tom Braithwaite), Sara • O'Connor (Sarah OConnor), • Krishna Guha (Krishna Guha) Washington </ .P>.

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