The Plan
The mission of the Department of the Treasury focuses on promoting economic growth and stability in the United States.
The mission of the Department of the Treasury focuses on promoting economic growth and stability in the United States.
U.S. Treasury Secretary Henry Paulson plans on Monday to call for sweeping structural changes in the way the government monitors financial markets…
Paulson’s proposed sweep of financial regulation would emphasize more control at the federal level, at the expense of state oversight, and consolidate an alphabet soup of existing agencies.
Proposed plan would create more oversight of investment firms, markets.
The governement needs to become more streamlined and efficient in ALL areas and the Financial System changes that Paulson suggests (without going into direct policy changes) makes complete sense. It won’t happen because our government has become incredibly efficient at getting nothing accomplished, but it is a step in the right direction.
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