Geithner proposal to extend sweeping federal authority over financial markets. First time regulatory power over insurers, hedge funds and derivatives. Washington Post says Geithner will ask for power to compel firms to comply with Treasury directives. Check out the extensive reform proposals--and the fascinating--intriguing--American history of financial reform.
Question. Who should you trust most? Legislature, Treasury Geithner or Fed Bernanke? See what Bradford DeLong, top UCal Berkeley economist, has to say!