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Panelists will address questions regarding Treasury Secretary Timothy Geithner's recently proposed two-part plan for addressing systemic risk.
This event will examine and discuss President Obama's financial policy.
For many in the U.S., the worrisome events occurring in Europe recall the 2008 financial crisis. If Greece or some other country should fail to meet its debt obligations, the result could be much like the 2007 mortgage meltdown in the United States. Why is all this happening again?
In regards to the Federal Reserve as super regulator, change is needed and long delayed, but appropriate change must protect the public, not bankers.
The proposal to make the Federal Reserve a "systemic risk regulator" is deeply misguided.
A systemic risk adviser is distinctly worth a try, and, if it is properly structured, we should try it.
There is a limit to the degree domestic regulation can go without severely impairing the global competitive economic advantages that the United States has enjoyed for so many decades.
Congress should focus on giving more transparency to investors and market participants to limit risk and encourage growth.




