On the recordNovember 15, 2011
Well, the question is not----
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congress.govWell, the question is not----
McHenry emphasizes the need for a clear answer regarding public policy disclosure.
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FSOC's purpose is straightforward: to identify risks that could impact our financial stability; to promote market discipline by eliminating expectations of bailouts; and to respond to emerging threats.
We have financial regulators that are implementing stuff that is even more impactful than trade negotiations.
That lack of transparency and accountability raises concerns about the extent to which other countries are influencing financial regulation here in the United States.