www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

WORLD> America
Battered US financial industry faces more oversight
(Agencies)
Updated: 2008-10-06 09:24

WASHINGTON - With the passage of the $700 billion rescue package, the financial industry will face greater congressional scrutiny in coming weeks and months.

Further-reaching regulation is almost certain. Previously obscure corners of the industry now subject to few rules, such as complex derivatives and hedge funds, could face federal supervision for the first time.


President Bush shakes hands with Treasury Secretary Henry Paulson at the Treasury Department in Washington after the House passed the $700 billion financial bailout bill, Friday, October 3, 2008. With the economy on the brink of meltdown and elections looming, a reluctant Congress abruptly reversed course and approved a historic $700 billion government bailout of the battered financial industry on Friday. President Bush swiftly signed it. [Agencies] 

Meanwhile, heavily regulated sectors, such as banking and insurance, are likely to face greater oversight. Even some financial industry groups support federal oversight for the insurance industry, which is now regulated only at the state level.

Related readings:
 Bailout signed, now it's wait and see its effects
 China hopes US bailout bill can stabilize markets

"Clearly, next year we will have more regulation," said Scott Talbott, a lobbyist for the Financial Services Roundtable, a group of the 100 biggest companies in the industry.

Having passed the bailout bill, Congress is now shifting its attention to its next steps.

"Passing this legislation is only the beginning of our work," said House Speaker Nancy Pelosi, D-Calif., just before the House approved the package.

Rep. Barney Frank, D-Mass., the Financial Services Committee chairman, said next year Congress will seek to overhaul housing policy and financial regulation in a legislative effort he likened to the New Deal.

"We were the EMTs rushing to the rescue of an economy that suddenly found itself choking, but now we have to perform more serious reform," Frank said.

The bailout bill, approved by the Senate Wednesday, provides $700 billion to buy bad assets from banks and other institutions to shore up the financial industry.

Hearings that begin Monday will examine the failures of current regulations. The House Oversight and Government Reform Committee, chaired by Rep. Henry Waxman, D-Calif., will hold two hearings on the causes and effects of Lehman Brothers' bankruptcy and on the $85 billion bailout of the giant insurer American International Group Inc.

   Previous page 1 2 Next Page  
主站蜘蛛池模板: 国产原创一区二区 | 亚洲成人综合网站 | 久草新| 成年网在线观看免费观看网址 | 最新国产午夜精品视频不卡 | 免费播放欧美毛片 | 国产成人精品综合网站 | 久热精品免费视频 | 欧美亚洲另类久久综合 | 在线免费亚洲 | 国产精品福利社 | 爽爽日本在线视频免费 | 欧美一区二区aa大片 | 2020夜夜操 | 成人免费黄网站 | 久久免费视频7 | 国产精品久久久久久久久久久威 | 欧美毛片日韩一级在线 | 18年大片免费在线观看 | 国产高清在线视频 | 久久久久久久免费 | 国产成人综合手机在线播放 | 性高湖久久久久久久久aaaaa | 亚洲人成网国产最新在线 | 国产亚洲精品xxx | 国产日韩精品一区二区三区 | 精品视频一区二区三区在线观看 | 精品久久久在线观看 | 亚洲欧美日韩国产综合高清 | 欧美 自拍 | 国产亚洲精品美女一区二区 | 日本黄页网站在线观看 | 欧美成人高清性色生活 | 国产一级毛片午夜福 | a级毛片网站 | 成人国产网站v片免费观看 成人国产午夜在线视频 | 国产精品7m凸凹视频分类大全 | 久久道 | 国产三级网 | 全免费毛片在线播放 | 国产精品怡红院在线观看 |