At the Senate hearings this morning, lawmakers voiced concerns Obama's regulatory reform puts...

|By:, SA News Editor

At the Senate hearings this morning, lawmakers voiced concerns Obama's regulatory reform puts too much faith in the Fed, overlooking its previous failures and potential conflicts with its fiscal duties. The proposal "represents a grossly inflated view of the Fed's expertise," Sen. Richard Shelby said. Geithner, of course, begs to differ.