Frank to Focus on Systemic Risk Regulation, Tougher Secondary Market Oversight in ‘09
February 5, 2009
House Financial Services Committee Chairman Barney Frank, D-MA, this week said he will first deal with systemic risk in 2009 and later revive consumer protection legislation with tougher liability regulation of firms that securitize mortgage loans. In a press briefing on Capitol Hill, Frank said systemic risk will be his committee’s top legislative priority this year in...