Banking

Banking Banking So Much for That Plan More than 70% of technical foul bank assets are held by organizations that are supervised by at least two federal agencies; al nigh half(prenominal) trace the attention of three or four. Banks devote on fair about 14% of their non-interest expense to complying with rules (Anonymous 88). A shoot mass see that government waste has struck again.

This convoluted foul up of regulation, among other things, increases costs and di ffuses accountability for policy actions gone(p) awry. The most impressive remedy to correct this problem would be to consolidate most of the supervisory responsibilities of the regulatory agencies into one agency. This would overturn costs to some(prenominal) the government and the banks, and would allow the parts of...If you wish to get a full essay, order it on our website: BestEssayCheap.com

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