Systemic risk committee could face deadlock

one-way-signs

NEW YORK – Debate between US politicians and regulators over the shape of  a systemic risk regulator runs on in Washington, DC. And the longer it continues, the more it seems to be leading to a council or committee-type solution. “It is hard to do away with government agencies,” says Alex Pollock, a fellow of the American Enterprise Institute, and a former president and chief executive of the Federal Home Loan Bank of Chicago. A compromise to avoid the dissolution of on

To continue reading...