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The House Financial Services Committee continued to wrestle with the Financial Stability Improvement Act on Friday, Nov. 6, and approved an amendment to limit the powers of the Federal Reserve.

Lawmakers have been at odds over which powers banking regulators and the Federal Reserve should have within in a new regulatory council that would identify and address potential problems in financial institutions before they threaten the economy.

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NOT A SUBSCRIBER? House amendment would rearrange powers of Fed Posted on November 8, 2009 9:00 AM The House Financial Services Committee continued to wrestle with the Financial Stability Improvement Act on Friday, Nov. 6, and approved an amendment to limit the powers of the Federal Reserve. Lawmakers have been at odds over which powers banking regulators and the Federal Reserve should have within in a new regulatory council that would identify and address potential problems in financial institutions before they threaten the economy. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline. 297 articles related to Barney Frank 191 in-depth reports of M&A deals in Regulation 149 in-depth reports of PE deals in the Financial Services sector 22 articles related to Scott Garrett 10 years of news and analysis archives from the voice of The Deal Economy Most-searched keywords Deutsche Bank Skadden Arps IMS Cadbury Antitrust Hyatt Corp. Evercore Scripps CIT Agrium Inc.		EXISTING USERS Username Password Forgot your password? Missing a product?

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House amendment would rearrange powers of Fed