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More specifically, domestic investors might get increasingly disappointed about prospects of future financial reforms, especially reforms on stock markets.
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Once legislators remove the moribund parts, future financial reform must address the problems that Dodd-Frank did not.
Restructuring to get the internal incentives right should be a foundation of all future financial reform efforts.
Momentum is building for putting a historic conference between the House and Senate online and on live television, as they debate the future of financial reform.
And the five largest banks now hold more than half of the total banking assets in the country," Warren said in a keynote address at a conference on the future of financial reform put on by the Roosevelt Institute, a think tank.
The governor added that policymakers and regulators in the UK and internationally were addressing ways of making the system fairer and of limiting the likelihood of a future financial crisis through reforms.
With the aim of eliminating this future financial burden, important reforms are being proposed such as raising taxes, cutting pension benefits and/or delaying the retirement age (see Blondal and Scarpetta 1998, or Gruber and Wise 1997).
I fear we will see this tactic used much more in the future to undermine financial reform.
Dodd-Frank failed to make significant Wall Street reforms to prevent future financial bubbles and speculation.
And while Congressional inaction around Social Security number reform jeopardizes our future financial well-being, federal agencies' needless exposure of our Social Security numbers practically guarantees financial insecurity now.
I'm in total agreement with the principles of the reform movement, but in the name of tax reform Congress could jeopardize the future financial security of millions of Americans.
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