Fred Harteis News Articles - As Treasury Secretary Henry M. Paulson Jr. on Monday formally laid out an ambitious plan to overhaul the regulatory apparatus that oversees the country’s financial system, senior lawmakers and lobbyists from industries opposed to the plan predicted that most of it would be dead on arrival.
The plan, produced by a lame-duck Republican administration facing a Democratic Congress, would significantly expand the authority of the Federal Reserve to oversee financial markets. It would consolidate federal agencies that regulate the securities and commodities futures markets ... more »
