The Dodd-Frank bill addressed all of the following issues EXCEPT: election of me

Question

The Dodd-Frank bill addressed all of the following issues EXCEPT: election of members of the Federal Reserve Board of Governors, consumer protection, regulation of derivatives, regulation of shadow banks. Resolution authority means that: a member of Congress has the power to propose resolutions on the floor of Congress, banks have the ability to transform short-term liabilities into long-term liabilities. Congress has given the Federal Reserve permission to act as a lender of last resort, the government has the power to seize control of financial institutions that need a bailout.

Explanation / Answer

14) election of members of fed board,

15) the government has power tosieze conrol of financial institutions that need a bailout.

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