Republicans, to be sure, are not yet exercising due diligence in oversight of the president (with the possible exception of the Senate Intelligence Committee).
Article 13 of the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union, which entered into force in January 2013, provides for specific cooperation between the NPs and the EP in exercising parliamentary oversight in the areas of economic and financial governance.
To the contrary, boards are responding often, with great unease to escalating demands from all sides to exercise unprecedented oversight in ways that sometimes blur the traditional distinctions between boards and management.
And the Republican-controlled Congress has so far shown no interest in exercising oversight for such basic changes in a law designed to protect the rights of American workers.
The department is too reliant on its corporate contractors, a group of student advocates, teachers' unions and colleges recently charged, and it doesn't exercise its oversight authority to rein in abuses.
It's intended that judicial commissioners will exercise an oversight role in addition to authorising warrants.
It requires audit committees of independent directors to exercise broad oversight, but in Germany firms don't even have audit committees.
It will be essential for the inspector general to follow up and for Congress to be diligent in exercising oversight.
"It is disingenuous to believe that the same board that breached its fiduciary duties in exercising oversight responsibility over certain wayward employees is the best arbiter of appropriate corporate governance," he wrote.
In either instance, the board exercised little oversight in monitoring Mr. Cluff's activities and rarely met, leading Mr. Cooley to conclude that the members "did not exercise the fiduciary responsibility you would expect".
