Obama's Extreme Regulatory Makeover

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June 16, 2009

A focal point of the 2008 presidential campaign, President Obama is about to propose sweeping reforms of the U.S. regulatory regime and ostensibly fulfill his promise to prevent a future economic collapse like we’ve experienced over the past year. The original idea was to consolidate and further empower the various regulatory agencies that now act as economic watchdogs in the government, but the President’s proposal—to come in a speech tomorrow—might be much less ambitious. Will the President’s regulatory makeover work?

Also on this episode

Guests,

Lawrence Baxter, professor of law and banking regulation at Duke Law School; former corporate executive vice president of Wachovia Bank

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