President Barack Obama has unveiled a systemwide regulatory overhaul of the US financial system, a move he hopes will restore confidence and prevent a repeat of the worst crisis to hit Wall Street in seven decades.
The Obama plan would give new powers to the Federal Reserve -- the US central bank -- to oversee the entire financial system and create a new consumer protection agency to guard against the types of abuses that played a big role in the current crisis.
Will President Obama's financial reforms improve the US financial system? Here is the latest selection of Your Views:
Will President Obama's financial reforms improve the US financial system?
AdvertisementAdvertise with NZME.