Systemic risk committee could face deadlock


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 one or more of the US regula

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