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The federal government watchdog wants Congress and the executive branch to streamline separate and overlapping financial services regulatory efforts.
The budget watchdog for the federal government, the General Accounting Office (GAO) wants the Congress and the President to clarify the morass of federal regulators overseeing U.S. financial markets, particularly the interactions between the Federal Reserve and the Office of Financial Research (OFR). A report on regulators was part of a larger GAO report on...
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