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What powers will be given to the Secretary of Treasury if Congress passes the yet-to-be-named bill for the 700-billion-dollar bail-out of the ailing financial institutions?
Deb
This is probably the main sticking point in the deal. Congress wants a lot of oversight, and the Treasury Secretary wants a check with no strings. It doesn't reduce any more than that, and the number on the check and the "strings" that Congress wants to attach are what is being hammerd out. The bill was passed with congressional oversight. The treasury is now ignoring those requirements in the law. Search Dennis Kucinich in YouTube to see clips of the congressional inquiry into this issue.
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∙ 15y ago
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Functions of financial institutions to institutions?
provide financial services
How do financial institutions and markets interact with the areas of investments and financial managements?
how do these institutions intetact
When was Office of the Superintendent of Financial Institutions created?
Office of the Superintendent of Financial Institutions was created in 1987.
An examples of financial institutions?
Banks are examples of Financial Institutions.
Why the regulations in financial institutions?
Prudential regulation in financial institutions enables transparency and protection of stakeholders of the institutions.
When was Financial Secretary to the War Office created?
Financial Secretary to the War Office was created in 1870.
When did Financial Secretary to the War Office end?
Financial Secretary to the War Office ended in 1947.
When was Financial Services Secretary to the Treasury created?
Financial Services Secretary to the Treasury was created in 2008.
Is AT and T consider financial institutions?
It depends. AT and T consider financial institutions if financial institutions consider AT and T. Otherwise, AT and T no consider financial institution. Hope I answer your question. Thank you very much. Come Again.
When was Federal Financial Institutions Examination Council created?
Federal Financial Institutions Examination Council was created in 1979.
How are financial institutions changig?
Deregulation in financial industry has blurred the lines between these institutions and increased competition amongst them.
What is the difference between Financial and non financial institutions?
The main difference between financial and non financial institutions is in their functions. Financial institutions will accepts deposits and offer financial services like loans and so on while non-financial institutions do not engage in financial activities.
