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IPFS News Link • Legislative Mischief

U.S. House begins assembly of financial reform plan

• Reuters
The House Financial Services Committee is to begin work on Wednesday on a top priority for the U.S. Congress -- legislation to mend regulatory holes exposed by last fall's financial crisis.

The committee will focus this week on bringing the $450 trillion market in over-the-counter derivatives under federal regulation and creation of an agency to protect consumers from risky financial products.

 

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Comment by foundZero
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There's no more room under the rug so we bought a rug store. Let's get sweeping.



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