Proposed Financial Stability Legislation

On March 15, Senator Dodd released proposed financial stability legislation which would create agencies aimed at policing threats to the economy, preserving banks in good health, and giving shareholders a voice on executive compensation. It would also create an independent consumer protection watchdog at the Fed, implement advanced warning systems and measures to end “too big to fail”, and increase transparency, among other things.  Proposed Legislation. Summary of Proposed Legislation.