Washington, DC is such a beautiful city.

BDL is opposing the creation of a new body to handle bank resolution decisions, arguing instead that this authority should remain in-house, under the Governor’s control, to avoid undermining the central bank's independence. Its arguments, however, are unconvincing and may end up

The Gov't made a serious mistake by not engaging external legal counsel to draft legislation of this complexity (the bank restructuring law), leading to sloppy drafting and errors. They should hire an intl. law firm or ask Cleary to redraft it while the framework is being agreed