RSSDodd calls for finance-regulation overhaul
From: The Washington Times | November 10, 2009
Sen. Christopher J. Dodd, chairman of the Senate banking committee, proposed on Tuesday a massive overhaul of the government's financial regulatory system in a move designed to prevent another economic collapse, protect consumers and dismantle failing institutions. The draft calls for more sweeping changes to how Wall Street does business than do proposals by the Obama administration and Democrats in the House of Representatives. "This proposal will create a new architecture to make our financial institutions more transparent, more responsible and more accountable to the American people," said Mr. Dodd, Connecticut Democrat. "It will address the problems of the past, ...
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