Primary Sources

PrintPrint CiteCite
Style: MLAAPAChicago Close


Blueprint for a Modernized Financial Regulatory Stucture

Published March 31, 2008

The U.S. Treasury Department released this blueprint that "presents a series of short-, intermediate- and long-term recommendations for reform of the U.S. regulatory structure. The Blueprint, announced in June 2007, is a key part of Treasury Secretary Henry M. Paulson Jr.'s efforts to improve the competitiveness of the U.S. capital markets in the increasingly global marketplace.

...The short-term recommendations include improvements to regulatory coordination and oversight that regulators can make quickly. The Blueprint recommends creating a new federal commission for mortgage origination to protect consumers better. The report also recommends modernizing the President's Working Group on Financial Markets and clarifying the Federal Reserve's liquidity provisioning."

More on This Topic


Why This Merger Boom Is Different

Author: Peter R. Orszag

Peter R. Orszag writes that slow economic growth, low interest rates, and diminishing returns for share buybacks may explain the recent...