WASHINGTON -- The Obama administration will soon propose a comprehensive plan to expand the authority of the government to seize large troubled companies, create a new regulator for companies that pose risks to the financial system and possibly establish an agency to oversee consumer debt like mortgages and credit cards, federal officials and lawmakers briefed on the proposal said.
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As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.
Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.
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