On the recordMarch 19, 2008
Congress consider establishing a 'Financial Services Systemic Risk Regulator' that has the capacity and power to assess risk across financial markets and to intervene when appropriate.
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congress.gov“Congress consider establishing a 'Financial Services Systemic Risk Regulator' that has the capacity and power to assess risk across financial markets and to intervene when appropriate.”
Barney Frank advocated for a systemic risk regulator during the financial crisis.
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