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Old 03-12-2010, 03:51 AM   #204
Avalon Senior Member
Join Date: Sep 2008
Location: Turtle Island
Posts: 2,776
Default Re: HR 1207 UPDATES "The Federal Reserve Transparency Act"

Oops missed one...

Senate financial bill appears likely to keep Fed as regulator of big banks

By Brady Dennis
Washington Post Staff Writer
Wednesday, March 10, 2010

Key members of the Senate banking committee are coalescing around legislation that would strip the Federal Reserve of much of its regulatory authority but would leave the central bank with oversight of the nation's largest banks, according to aides familiar with the ongoing negotiations.

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