Dodd Releases Comprehensive Draft Financial Reform Bill

摘要

Senate Banking Committee Chairman Christopher Dodd (D-Conn.) has released a draft comprehensive financial reform bill that includes creation of a single federal bank regulator, establishment of a Consumer Financial Protection Agency (CFPA), stronger regulation of ratings agencies, and creation of an independent agency to guard against systemic risk to the nation's financial system.rn"This is a thorough and carefully constructed plan," Dodd said.