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Initially, however, the agency made infrequent use of this new authority.
But we can all imagine the myriad ways this new authority could be abused.
Your treasury secretary and the Fed chairman were on Capitol Hill today asking for this new authority that you want to regulate big, complex financial institutions.
The parliamentary commission also said that this new authority could be used only when there are substantial costs imposed on taxpayers or the threat of serious harm to customers, a fairly small class of cases.
One authorized the Governor to call out the state militia at his own discretion and prohibited the courts from issuing writs to block the Governor from using this new authority.
Unlike the suit against the Washington Mutual executives, which puts the burden of proof on the F.D.I.C. to establish a lack of due care, this new authority means reclaiming two years of executive compensation will be the default option.
Similar(40)
In this episode, a theologian appeals to the new authority of Newtonian natural philosophy when attempting to undermine atheism.
Mr. Pataki chose Thomas E. Baker as chairman of the new authority.
The state legislature would still have to approve the new authority.
Deep cuts could hobble the F.D.A. just as it gains the new authority.
In 1953 Italy created Eni, placed Agip under the new authority, and made Mattei its president.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com