Evolution of US Finance: v. 2: Restructuring Institutions and Markets

<p>Volume II of this book grew out of the author’s work as an economist for the U.S. Congress on the staff of the House Banking Committee under Chairman Wright Patman and his successor, Chairman Henry Reuss; as an analyst for the Congressional Budget Office; and as finance economist for the House Energy and Commerce Subcommittee on Telecommunications, Consumer Protection and Finance. It is a re-examination of the validity of traditional concerns in order to establish the Context for congressional actions to modify the existing regulatory and structural framework.</p> <p>Part I: The Framework for Financial Structure and Regulation 1 The Current Debate on Regulatory Policy 2 Issues in the Evolution of Federal Regulation 3 The Changing Financial Environment Part II: The Goals of Regulation 4 Access to Capital and Credit 5 Balancing Competition and Soundness: The Debate on Bank Regulation 6 Promoting Competition and the Impartiality of Credit Decisions, 7 Preserving the Economic Functions of Financial Markets Part III: Protecting Customers of Financial Institutions, 8 Regulation to Ensure Soundness and Fiduciary Responsibility 9 Investor Protection 10 Financial Guaranty Insurance Programs </p>