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Question
To prevent the problems that led to the 2008-2009 financial crisis from leading to future financial crises, the Obama administration proposes legislation that would include all of the following excepta. removing some of the Federal Trace Commission's powers and creating a Consumer Financial Protection Agency
b. giving the Federal Reserve less power over the financial industry
c. creating a Financial Services Oversight Council to identify and address key risks to the financial industry
d. establishing a new National Bank Supervisor to oversee federally chartered lenders
e. new powers for the Securities and Exchange Commission to monitor credit rating industries for objectivity
Answer
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