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Latest comment: 8 years ago3 comments2 people in discussion
Added a chart of the voting members. Also shows the political orientation. A SEC Commissioner was pretty upset about what that means. See: [1]
FSOC has substantial authority. With the strength of the Chair being a cabinet position (expected to be extremely aligned with the President, terminable at will), and given the very strong majority of voters, may see a rise in FSOC instigated rule making? I'd expect every forward move however to be legally challenged to the max. They will have to rely on explicitly spelled out statutory authority in DFA. Once however they establish momentum...? The opening test seems to be Money Market reform.Rick (talk) 01:29, 27 February 2013 (UTC)Reply