Released: June 09, 2009

A battle over regulatory overhaul

Source: Zachary A. Goldfarb, Washington Post (Free Registration)

As the Obama administration prepares to unveil plans for overhauling financial regulation, potentially addressing such diverse issues as credit card lending and global economic threats, a multifront war is brewing. It pits competing interests among businesses, consumers, government agencies and lawmakers against one another.

The outcome of this battle is likely to shape how much profit banks will make, who can get a mortgage, which federal regulators oversee different corners of the economy—and, ideally, whether the government is prepared for future financial threats.

Read Full Article: A battle over regulatory overhaul