Passing legislation to enact the recommendations of the US Department of the Treasury’s review of financial regulations is likely to be “complicated”, a senior lawmaker has said. Around a fifth of the recommendations are estimated to require legislative change and Democrats are in no mood to support their Republican counterparts.
“It’s going to be complicated for sure, both in terms of the subject matter and the scope we have chosen for our legislation, but also in terms of the politics,” Rep
- Making the rules and breaking the mould (Allan Meltzer: 1928–2017)
- BoE’s Forbes points to bias among overworked MPC members
- Asset purchase programme is key to central bank credibility – ECB paper
- UK payments regulator unveils competition reforms
- OCC warns on cyber risks from subpar patches at US banks