On the recordAugust 3, 2009
I really do not see that as a symptom of the fact that you have four different regulators overseeing different charters for FDIC-insured institutions.
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congress.govI really do not see that as a symptom of the fact that you have four different regulators overseeing different charters for FDIC-insured institutions.
Dodd disagrees with the notion that multiple regulators caused the crisis.
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In fact, it was the uncertainty inherent in a nontransparent and reckless financial system that made Dodd-Frank necessary in the first place.
Maybe we ought to be spending a little more time looking at the relationships at that level.