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But local authorities were being given the powers to do that, she told the programme.
The SEC was given the powers to set up the scheme under the Dodd-Frank financial-reform law, passed in the wake of the credit crunch.
If we are to see a genuine end to our housing crisis we have to be given the powers to get on with it.
Caroline Spelman, the secretary of state for the environment, food and rural affairs, will be given the powers to sell land currently run by the Forestry Commission under the Public Bodies bill.
Consumer Focus welcomed the move to increase transparency across retail banking products, but Sarah Brooks, director of financial services for the consumer organisation, said: "Unless the Financial Conduct Authority (FCA) is given the powers to tackle the use of unpredictable and unfair charges, consumers will continue to lose out and find it difficult to compare accounts.
What we need to see is the council being given the powers to make the decisions to shape the future of our high streets, so we can make these decisions locally, listening to the views of local people rather than having to follow arbitrary rules made up by bureaucrats in Whitehall".
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Unions should be given the power to do that.
Yet, despite this disparity, the NCA has been given the power to co-opt the Met.
The Bank of England was given the power to buy up to £50 billion ($68 billion) of company debt.
The existing Prudential Supervisory Authority would be given the power to wind up any faltering banks.
On paper Burlingame (pictured) was not given the power to negotiate treaties.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com