Earlier this month, the House of Representatives passed the 21st Century Cures Act in a rare bi-partisan effort. The bill is meant to speed the development of lifesaving treatments, but critics warn it may also allow ineffective or even harmful drugs onto the market.
Mary Schapiro took over as chair of the Securities and Exchange Commission in 2009. The nation was in serious financial crisis and Wall Street seemed to resemble the Wild West in need of a strong sheriff. Many saw Schapiro as that sheriff and credit her with salvaging the agency’s role as Wall Street’s watchdog. Critics point to unfinished business, such as addressing the root causes of the financial crisis and punishing the perpetrators whose actions contributed to it. A discussion of the role of the SEC and its future under new leadership.
- Bartlett Naylor financial policy advocate, Public Citizen, Congress Watch.
- Tom Gorman co-chair of the American Bar Association's securities fraud subcommittee; former SEC enforcement official; partner at Dorsey & Whitney.
- Mary Schapiro chair, The Securities and Exchange Commission.
- Dina ElBoghdady reporter, The Washington Post.
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