WASHINGTON (MarketWatch) -- Sen. Barack Obama reiterated a call for clamping down on financial companies in a speech on...
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REREGULATION
For the past 30 years, the trend in the U.S. has been towards deregulation--less government oversight of markets. But with the blow-ups in the financial market, Americans may be more interested in 'reregulation'--increasing government oversight. Pressure may mount for reregulation in areas such as financial markets, food safety, the safety of imports, airlines, energy and the environment.
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necessary, it would need to be accompanied by a rather wholesale change to the United States' system of financial...
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