The U.S. has already started to implement financial reforms and the so called Basel III will be implemented next year throughout the remainder of the industrialized nations.

FORBES: Banking From A Venezuelan Perspective

This proposal complements the ongoing efforts of the Consumer Financial Protection Bureau and the Department of Justice to implement reforms that will prevent the mistakes of the housing bubble from repeating themselves and provide homeowners with a Bill of Rights.

WHITEHOUSE: Help for Responsible Homeowners, Veterans Jobs Corps, and Startup America Anniversary: Deputies' Download | The White House