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Nonetheless, earlier this year Mr. Paulson's hopes for reform consisted mostly of enhanced oversight of Fannie and Freddie.
In a joint submission AAP, the ABC, News Corp Australia, SBS and Fairfax Media all called for enhanced oversight of access to telecommunications data by government agencies.
"It is also essential that the scandal help bring about enhanced oversight of investment managers by the SEC".
Enhanced oversight of compounding pharmacies that produce large quantities of medications, especially sterile products that are distributed nationwide, should be considered to ensure that mass-produced sterile compounded products are safe.
Establishment of a national role in the on-going scientific evaluation of conditions and the technologies by which they are screened; Standardization of case definitions and reporting procedures; Enhanced oversight of hospital-based screening activities; Long-term data collection and surveillance; and Consideration of the financial needs of programs.
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An additional $1.1m has been provided to the organisation to give effect to their enhanced oversight role over aspects of the data retention scheme, in a funding boom from the federal government that Pilgrim said he welcomed.
"In the short run," he added, "I expect a dampening of profits, but on the positive side, with the enhanced oversight we anticipate a more steady level of profitability".
Several proposals for enhanced oversight have been debated as part of the state budget process, though prospects for their approval are not clear.
"Perhaps some level of simplification — along with enhanced oversight and repercussions for those that knowingly miscode a large business as small — would alleviate some of these issues".
It would also require enhanced oversight and reporting to Congress, so that any misuse of these powers can be uncovered and fixed.
Earlier this month the commission promised enhanced oversight, Mrs. Clinton announced.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com