Sewell Chan, New York Times Washington correspondent, discusses the Dodd banking reform bill, the Federal Reserve's fight to retain control over banks, and the passage of the jobs bill.
How about this: set up a watchdog division within the Fed (if there isn't one already) & put Brooksley Born (former head of the Commodity Futures Trading Commission, who blew the whistle on fraudulent mortgages & wasn't listened to; see http://www.pbs.org/wgbh/pages/frontline/warning/) in charge of it.
It is hard enough to keep up with all the Healthcare business and "jobs, jobs, jobs" bills. How are we supposed to have time to follow banking reform? If lucky, we do have jobs and families and life to deal with. It's just too much.
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Comments [3]
Maybe my insurance rate wouldn't go up every year if there weren't so many claims, no doubt due to all problems related to obesity.
And how about this - beverage producers producing a healthier product?
How about this: set up a watchdog division within the Fed (if there isn't one already) & put Brooksley Born (former head of the Commodity Futures Trading Commission, who blew the whistle on fraudulent mortgages & wasn't listened to; see http://www.pbs.org/wgbh/pages/frontline/warning/) in charge of it.
It is hard enough to keep up with all the Healthcare business and "jobs, jobs, jobs" bills. How are we supposed to have time to follow banking reform? If lucky, we do have jobs and families and life to deal with. It's just too much.
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