{"id":4732,"date":"2010-03-08T16:16:56","date_gmt":"2010-03-08T21:16:56","guid":{"rendered":"http:\/\/blogs-devl.bu.edu\/bunow\/?p=4732"},"modified":"2011-01-20T16:01:35","modified_gmt":"2011-01-20T21:01:35","slug":"fed-may-retain-power","status":"publish","type":"post","link":"https:\/\/blogs-devl.bu.edu\/bunow\/2010\/03\/08\/fed-may-retain-power\/","title":{"rendered":"Fed may retain power"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignleft size-thumbnail wp-image-4733\" src=\"http:\/\/blogs-devl.bu.edu\/bunow\/files\/2010\/03\/federal-reserve-400-150x150.jpg\" alt=\"federal-reserve-400\" width=\"150\" height=\"150\" \/>Under a regulatory reform measure being <a title=\"considered\" href=\"http:\/\/www.marketwatch.com\/story\/the-fed-may-retain-more-power-in-bank-reform-bill-2010-03-08?reflink=MW_news_stmp\" target=\"_blank\">considered<\/a> in the Senate, the Federal Reserve may yet retain oversight power over the nati0n&#8217;s biggest banks, with states and the FDIC watching over smaller banks.\u00a0 Risk-management expert <a title=\"Mark Williams\" href=\"http:\/\/smgnet.bu.edu\/mgmt_new\/profiles\/WilliamsMark.html\" target=\"_blank\">Mark Williams<\/a>, author of &#8220;<em><a title=\"Uncontrolled Risk\" href=\"http:\/\/www.mhprofessional.com\/product.php?isbn=0071638296\" target=\"_blank\">Uncontrolled Risk<\/a><\/em>&#8221; who teaches finance in the School of Management, thinks it&#8217;s too soon to be trusting the Fed with enhanced authority.<\/p>\n<p><em>&#8220;If the Fed was privately run, it would be out of business.\u00a0 Before the Fed is given more responsibility or allowed to continue business as usual, it needs to demonstrate to the American people it has fixed weaknesses in oversight and monetary policy.&#8221;<\/em><\/p>\n<p>Contact Mark Williams, 617-358-2789, <a href=\"mailto:williams@bu.edu\">williams@bu.edu<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Under a regulatory reform measure being considered in the Senate, the Federal Reserve may yet retain oversight power over the nati0n&#8217;s biggest banks, with states and the FDIC watching over smaller banks.\u00a0 Risk-management expert Mark Williams, author of &#8220;Uncontrolled Risk&#8221; who teaches finance in the School of Management, thinks it&#8217;s too soon to be trusting [&hellip;]<\/p>\n","protected":false},"author":114,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4491],"tags":[657,577,707,2454],"_links":{"self":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/4732"}],"collection":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/users\/114"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/comments?post=4732"}],"version-history":[{"count":3,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/4732\/revisions"}],"predecessor-version":[{"id":7852,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/4732\/revisions\/7852"}],"wp:attachment":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/media?parent=4732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/categories?post=4732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/tags?post=4732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}