Part 5/6:
This discussion underscores a broader unease with the erosion of oversight post-2007 crisis. It raises questions about the balance of power between Congress, regulatory agencies, and the executive branch.
The underlying concern is that weakening oversight bodies can lead to increased risks within the financial system and a lack of accountability for public-funded agencies. The speaker’s reflections serve as a warning about the potential consequences of reduced regulatory scrutiny, particularly in sectors that are vital to economic stability.