TITLE

House Panel Spars On Ending Bailouts

AUTHOR(S)
Kaper, Stacy
PUB. DATE
November 2009
SOURCE
American Banker;11/18/2009, Vol. 174 Issue 208, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the U.S. House Financial Services Committee members continued to argue over how to end government-funded bailouts of the financial system. According to the article, the panel approved an amendment designed to increase taxpayer protections by narrowing the scope of resolutions and another to limit the power of the Federal Reserve Board system. Other amendments on bankrupt firms and systemic risk are discussed.
ACCESSION #
45371798

 

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