Triumph of the Regulators

by Benjamin Domenech on 7:51 am June 28, 2010

The Treasury gets new powers. The SEC gets new powers. “And Fannie Mae and Freddie Mac? They aren’t touched at all, even as they continue to lose billions of taxpayer dollars each quarter. In other words, our Washington rulers have taken 2,000 or so pages to double and triple down on the old system that failed.”

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