Treasury Secretary Timothy Geithner has left trail of bread crumbs in the past months in his public comments about prospective changes. No ‘Uber-Regulator’ — on June 9, Geitner told the Senate Appropriations Financial Services and General Government subcommittee that there won’t be a single systemic risk regulator. No action for Fannie Mae/Freddie Mac will include a blueprint for restructuring the two government-sponsored enterprises. Over the counter derivatives will also see modifications, according to a letter to Senator Harry Reid.”]
Source: https://www.cuinfosecurity.com/regulatory-reform-obama-administration-to-announce-changes-a-1542