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Capitol’s New Bank Examiners

Capitol’s New Bank Examiners

by Rick Turoczy on September 11, 2006

Four years after enacting landmark corporate-governance laws, the men behind Sarbanes-Oxley are leaving Congress. The retirements of Sen. Paul Sarbanes (D., Md.) and Rep. Mike Oxley (R., Ohio) spell changes next year in the House and Senate committees that regulate Wall Street, banks and finance.

The new leaders of the banking panels will affect how Congress deals with issues such as whether hedge funds should be regulated, whether commercial banks should be allowed to enter the real-estate brokerage business and how the government should treat Fannie Mae and Freddie Mac.

Capitol’s New Bank Examiners

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