Project #56305 - Briefing Paper; Finance

      You work for a newly elected Congressman/Congresswoman who has just been appointed to the House Financial Services Committee.  The Congressman/Congresswoman, comes from a small farming family and has only limited knowledge of the financial regulatory system.  The Chief of Staff has asked that you write a short (4 - 6) page briefing paper for the Congressman/Congresswoman explaining the financial regulatory system in the United States.  The Congressman/Congressman wants to know what regulatory agencies are responsible for overseeing the financial system.  He/she wants to know why were these regulatory agencies were created and what entities these agencies regulate and if there is duplication in their oversight.  He/she is also interested in learning what reforms and/or re-structuring various administrations may have proposed, if any, in the past and why.   He/she has asked that you provide your views on those recommendations.

 

           Finally, the Congressman/Congresswoman has read that  Senator  Rand Paul  (R-KY) and others have raised concerns regarding the Federal Reserve system. He/she wants to know what concerns have been recently raised (following the Great Recession) and why.   He/she wants to know if any of these concerns have merit and why.  

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Due By (Pacific Time) 02/11/2015 05:00 pm
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