Policy Makers Have Mixed Response To Treasury Plan
WASHINGTON - The United States Treasury Department’s major plan for the revision of the financial services industry and their regulation, the details are received mixed Friday evening from the initial reactions of politicians, on Saturday.
Secretary Paulson plan in principle, to improve our capacity to regulate the finances, the system is a very constructive step forward in this important debate, “House Financial Services Chairman Barney Frank (D. Mass.), Said in a statement.
Former Assistant Treasury Secretary Wayne Abernathy stated that the proposal “does not refer to a wealth of new land, but has to help sparks debate.
“What is new is the cash weigh on some of these issues. ..
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