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Funding for Federal and State Financial Regulators Still in Question As Roles Expand

By Implode-Explode Heavy Industries

"With more Republican lawmakers taking their posts this week, there?s much speculation about how Washington?s power shifts could starve regulators of funding for the financial reform bill passed last year by a Democratic-controlled Congress. Here?s a quick review of where the funding situation rests with the federal and state regulatory agencies that have increased responsibilities under Dodd-Frank?as well as with the new consumer financial protection agency that was created by the reform bill."

Full post as published by Mortgage Lender Implode-o-Meter on January 04, 2011 (boomark / email).