Inquiring about the insolvency timeline for Social Security.
04/10/2013
https://congress.gov...
The burden isn't getting lighter. It is getting heavier.
Clearly, they face a lot of challenges in this hyper-regulatory environment.
My concern is that the Fed's definition of 'predominantly engaged in financial activity' is going to cast potentially a far wider net.
Is it possible that FSOC will come out with its non-bank SIFI designations before the Fed submits its final rule and definition?