OPINION (Anil Kashyap)
OPINION (Anil Kashyap)
The plan President Obama unveiled yesterday to overhaul the government's oversight of the financial system was not the wholesale remaking of Washington that the administration had initially envisioned. Read more »
See also "Obama Sought to Enlist a Wide Consensus on Finance Rules" (NYT 6/17), "Obama Wants SEC, CFTC to Police Derivatives" (Dow Jones 6/17), and "Read more »
The Obama administration has no plans at this time to offer additional funding to support auto suppliers following a meeting last week in which suppliers asked for as much as $10 billion in new aid.
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