Financial Regulatory Reform: Consumer Financial Protection Proposals

Abstract

In the wake of what many believe is the worst U.S. financial crisis since the Great Depression, the Obama Administration has proposed sweeping reforms of the financial services regulatory system, the broad outline of which has been encompassed in a nearly 90-page document called the Administration's White Paper (the White Paper). The White Paper seeks to meet five objectives: (1) "Promote robust supervision and regulation of financial firms"; (2) "Establish comprehensive supervision and regulation of financial markets"; (3) "Protect consumers and investors from financial abuse"; (4) "Improve tools for managing financial crises"; and (5) "Raise international regulatory standards and improve international cooperation."

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Document Details

Document Type
Technical Report
Publication Date
May 26, 2010
Accession Number
ADA522201

Entities

People

  • David H. Carpenter
  • Mark Jickling

Organizations

  • Library of Congress

Tags

Communities of Interest

  • Energy and Power Technologies

DTIC Thesaurus Topics

  • Commerce
  • Congress
  • Consumers
  • Corporations
  • Families (Human)
  • Federal Law
  • Finance
  • Governments
  • Language
  • Law
  • Money
  • Organizational Structure
  • Real Estate
  • Regulations
  • Regulatory Reform
  • State Law
  • United States

Readers

  • Defense Financial Management and Audit.
  • Educational Psychology
  • Government and Public Administration Law.