[Pete]

Second, it should introduce legislation to transfer the regulation of federally chartered banks from the Treasury to the Fed, which would make monetary policy function more smoothly and prevent future credit-crunch situations.

Aldrich speaks from the grave.

[Dems_R_Losers]

I am not sure what you mean by that reply, but I work with all the bank regulators, and the Fed is by far the most professional and the least subject to political manipulation, at least as far as bank regulation goes. I think it is a good idea.