Inaspecialreportinits monthlyeconomicindicator report, Treasurysaid that the Internet was comingofageeconomically and it was unleashing its power at the right time during a retaildownturn.
"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 ofpower that this bill would give to the Treasury Secretary, really unprecedented, sort of unchecked power to intervene in the markets.