Dodd's Financial Rules Package Would Result in More Fed Muscle

by Benjamin Domenech on 8:55 am March 15, 2010

“Mr. Dodd’s bill would allow the Fed to examine any bank-holding company with more than $50 billion in assets, and large financial companies that aren’t banks could be lassoed into the Fed’s supervisory orbit. This came after Treasury officials pushed Mr. Dodd to bring more companies under the Fed’s purview.”

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