"Witnesses commented that the political strength of the chancellor of the exchequer was one factor explaining the current power and influence of the Treasury, " said the report.
And both of them talked about the kind of aggregation of power that this bill would give to the Treasury Secretary, really unprecedented, sort of unchecked power to intervene in the markets.
Like McCain, Obama expressed concern that the current proposal puts too much power in the hands of Treasury Secretary Henry Paulson.
All journalists have the right to raise questions of those in power, whether politicians, Treasury Secretaries, banker CEOs, hedge fund managers, or tech CEOs.
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Congress has seen other periods of overweening executive power (when Alexander Hamilton was treasury secretary, and when Richard Nixon was president) and vicious partisanship (in the 1890s and 1900s).
The Treasury has the power to issue money without need of magical economists representing banking interests.
Spending departments lose some of their power to set strategic goals, which must be agreed with the Treasury.
RAI, is vested in the treasury, he now has the power to dictate the financial policies of his main business rival and even to choose its chairman.
For over 30 years, I have been urging all Americans to educate themselves about monetary policy in order to better understand how a small group of unelected individuals at the Fed and the Treasury Department wield tremendous power over our lives.
The committee's report attributes the growth of the Treasury's influence directly to Mr Brown's political power in the Labour government.
But the Treasury's power over the pair is limited as long as they remain under the control of the Federal Housing Finance Agency, an independent agency.
His other big mission, both in opposition and in power, was to revive the campaign for a cut in the local rate of Corporation Tax, after the former Treasury mandarin Sir David Varney appeared to bury the campaign in a report to Gordon Brown.
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