President's Commission on Financial Structure and Regulation
The President's Commission on Financial Structure and Regulation, also known as the Hunt Commission (and not to be confused with the
Presidential Commission created by President Richard Nixon
between April and June 1970 that was "[r]esponsible for recommending measures to improve operation of the nation's private financial system."
Chaired by corporate executive Reed Oliver Hunt,NOW accounts nationwide, and initiated a phased end to interest rate ceilings."[3]
The Commission heralded the general trend toward
Global Financial Crisis (GFC) revealed the weaknesses of the financial system. Regulation was visibly embraced with the passage of the Dodd–Frank Wall Street Reform and Consumer Protection Act
in 2010.
See also
- List of Presidential Commissions
References
- ^ United States. National Archives. Records of Temporary Committees, Commissions, and Boards. 1995. Web. <https://www.archives.gov/research/guide-fed-records/groups/220.html
- ^ United States. Financial Crisis Inquiry Commission. Financial Crisis Inquiry Report. Washington, DC: PublicAffairs, 2011. Web. <http://www.gpo.gov/fdsys/pkg/GPO-FCIC/pdf/GPO-FCIC.pdf>.
- ^ Woolley, John T. "Persistent Leadership: Presidents and the Evolution of U.S. Financial Reform, 1970-2007." Presidential Studies Quarterly. 42.1 (2012): 60-80. Print.
Further reading
- FG 267 (President's Commission on Financial Structure and Regulation)." Nixon Presidential Library and Museum. National Archives and Records Administration, n.d. Web. 18 Mar 2012. <http://nixon.archives.gov/forresearchers/find/textual/central/subject/FG267.php>.