On the recordApril 15, 2010
The lesson of OTS is not that we necessarily need more regulators, because clearly regulators can suffer the same flaws as banks--selfishness, shortsightedness, ineffectiveness.
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congress.govThe lesson of OTS is not that we necessarily need more regulators, because clearly regulators can suffer the same flaws as banks--selfishness, shortsightedness, ineffectiveness.
Coburn emphasizes the need for better regulatory incentives rather than just increasing the number of regulators.
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