On the recordApril 20, 2009
I am in favor of better regulation of behavior, as Dr. Hoenig laid out, but I am afraid that we have seen time and again, all our regulators, particularly around big finance, get captured.
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congress.govI am in favor of better regulation of behavior, as Dr. Hoenig laid out, but I am afraid that we have seen time and again, all our regulators, particularly around big finance, get captured.
Klobuchar emphasizes the need for better regulation to prevent regulatory capture in finance.
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