The Obama administration’s proposals for safeguarding the financial system place the US Federal Reserve at the heart of a new regulatory regime for systemic risk, but some former regulators are sceptical of the Fed’s ability to carry out the job.
Source: Risk magazine | 20 Jul 2009
Categories: Risk Management, Central Banks
Topics: Federal Reserve, Goldman Sachs, Treasury, Deloitte, Morgan Stanley, Barack Obama, Nera Economic Consulting, American Express, , G-20, Office of the Comptroller of the Currency (OCC)
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