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Though the Bush administration is expected to unveil next week a sweeping blueprint for overhauling the financial regulation, administration officials have made it clear their main goal is to streamline regulatory agencies.
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Regions have virtually exclusive powers over regulation, organization, administration, and funding of publicly financed healthcare.
SYSTEMIC RISK REGULATION The administration proposes empowering the Federal Reserve to supervise and regulate firms whose failure could damage the system as a whole and to seize such firms if failure is imminent.
In France it is all about regulation and administration.
In its latest version of the regulation, the administration tried another approach: making consent for routine uses optional, not mandatory.
Discounts should be determined by competitive forces in the market, not by federal regulation, the administration said.
Southern economies with cumbersome regulation, poor administration, overreliance on tiny family businesses and an over-protected labour force are bad at this.
To reverse course now, and seek expanded regulation, the administration would have to back down on its free-market ideology — and it would also have to face up to the fact that it was wrong.
But in the face of Republican skepticism about climate change and strong opposition to environmental regulation, the administration will be spending more time defending the modest policy gains of the past two years than advancing new proposals.
It also funds regulation and administration in such areas as mergers and competition, the review of national budgets to ensure they do not include excessive deficits, and banking supervision.
Under its chairman, Sultan Ahmed Bin Sulayem, it had two roles; as a port authority, responsible for the regulation and administration of the the ports, and as a business, which develops and operates them.
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CEO of Professional Science Editing for Scientists @ prosciediting.com