http://archive2.mrc.org/taxonomy/term/13447/all en http://archive2.mrc.org/articles/former-fed-bank-president-warns-more-regulation-will-have-consequences <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/jeff-poor">Jeff Poor</a> </div> </div> </div> <p>&nbsp;&nbsp;&nbsp;&nbsp; With an increased Democratic majority in Congress and a Democratic president set to be sworn in Jan. 20, policy analysts expect the government will try to steer out of the pending financial crisis through regulation.</p><p>&nbsp;</p> <p>&nbsp;&nbsp; &nbsp;&nbsp;However, William Poole, former chief executive of the Federal Reserve Bank of <st1:place w:st="on"><st1:city w:st="on">St. Louis</st1:city></st1:place> and a former voting member of the Federal Open Market Committee, said increased regulation would be a mistake.</p><p><a href="http://archive2.mrc.org/articles/former-fed-bank-president-warns-more-regulation-will-have-consequences" target="_blank">read more</a></p> Articles MRC Business Business Cato FederalReserve FinancialCrisis FOMC lending Loan mortgage paydayloan paydayloanindustry Regulation Subprime subprimeloan WilliamPoole Thu, 20 Nov 2008 16:42:45 +0000 admin 25757 at http://archive2.mrc.org