Skip to main content
  • Home
  • About
  • Faculty Experts
  • For The Media
  • Videos
  • Topics
    • Alumni
    • Events
    • Faculty
    • Library
    • Research
    • Students
    • All Topics
  • Contact
  • Submit
Business & Economy
  • All News
  • Arts & Culture
  • Business & Economy
  • Campus & Community
  • Health & Society
  • Media, Law & Policy
  • STEM
  • Veterans
  • |
  • Alumni
  • The Peel
  • Athletics
Sections
  • All News
  • Arts & Culture
  • Business & Economy
  • Campus & Community
  • Health & Society
  • Media, Law & Policy
  • STEM
  • Veterans
  • |
  • Alumni
  • The Peel
  • Athletics
  • Home
  • About
  • Faculty Experts
  • For The Media
  • Videos
  • Topics
    • Alumni
    • Events
    • Faculty
    • Library
    • Research
    • Students
    • All Topics
  • Contact
  • Submit
Business & Economy

Whitman’s Jeffrey Harris reviews new financial regulatory legislation introduced by Sen. Shelby

Friday, September 30, 2011, By News Staff
Share
Whitman School of Management

Jeffrey Harris, Dean’s Professor of Finance in the Whitman School of Management , recently reviewed new financial regulatory legislation introduced by U.S. Sen. Richard Shelby (R-AL).

harrisjeffHarris’ comments were included in Shelby’s press release about the Financial Regulatory Responsibility Act of 2011. According to the release, the bill will hold financial regulators accountable for rigorous, consistent economic analysis on every new rule. The legislation would require the identification of the economic impacts of all new rules in addition to improving the transparency and accountability of the regulatory process.

Shelby, the ranking Republican on the Committee on Banking, Housing and Urban Affairs, introduced the bill on Sept. 22. The act is cosponsored by all Republican members of the Banking Committee and is supported by the U.S. Chamber of Commerce.

“The proposed bill encourages rigor and transparency in the economic analysis that is used to support the federal rulemaking process,” Harris, the Commodities Futures and Trading Commission’s former chief economist, said in the release. “Sound economic analysis should always be central to rulemaking and often serves to temper overzealous regulation. Given the recent clamor about the role of economic analysis within various agencies, the bill helps to refocus rulemaking on this central tenet. The recommended Chief Economist Council is particularly innovative, and holds the promise to improve interagency cooperation and to give economists more visibility beyond the walls of an individual agency.”

  • Author

News Staff

  • Recent
  • 2022 Graduates Reflect on Service as Academic Coaches
    Thursday, May 19, 2022, By Ellen de Graffenreid
  • Funding Expands for Newhouse Professors’ Work on Technology to Combat Fake News
    Wednesday, May 18, 2022, By Wendy S. Loughlin
  • Biology and Earth and Environmental Sciences Departments Come Together on Diversity and Engagement Initiatives
    Tuesday, May 17, 2022, By News Staff
  • As the School of Education’s Italy Program Returns, Sara Jo Soldovieri ’18, G’19 Reflects on Its Influence
    Tuesday, May 17, 2022, By Martin Walls
  • Center for Fellowship and Scholarship Advising Team Helps Match Students With Unique Experiences That Enhance Their Studies
    Tuesday, May 17, 2022, By Jen Maser

More In Business & Economy

Rabia Razzaq G’23 Wins 2022 Intelligence++ Inclusive Design Competition

Rabia Razzaq G’23, a multidisciplinary designer and graduate student in the College of Visual and Performing Arts, won the 2022 Intelligence++ Showcase Competition, held in the Whitman School of Management on April 26. The interdisciplinary competition—which encourages design and business…

Whitman School Receives STEM-Designation for Master’s in Professional Accounting Program

The Martin J. Whitman School of Management’s master’s in professional accounting program has received STEM-designation. The class of 2022 will be the first to graduate with this new STEM certification. “We have made notable innovations to our master’s in professional…

Whitman’s Full-Time MBA Program Achieves Highest U.S. News Ranking Since 1998

The Martin J. Whitman School of Management at Syracuse University is now ranked No. 57 in the nation for its full-time MBA program by U.S. News & World Report. This is the highest ranking for the Whitman School since 1998…

Stocks and Finance Immersion Offers A&S | Maxwell Students a Window Into Finance

When Jehan Muhialdain ’22 moved to the United States from Iraq five years ago, one of the major differences she noticed in her new country was the focus put on financial literacy and wealth management. She says living in Iraq,…

Applications Open for RvD iPrize and Hunter Brooks Watson Spirit of Entrepreneurship Competitions

The School of Information Studies (iSchool) with support from the Blackstone LaunchPad at Syracuse University Libraries (LaunchPad) are now accepting applications through March 15 for the Raymond von Dran (RvD) iPrize pitch competition and the Hunter Brooks Watson Spirit of…

Subscribe to SU Today

If you need help with your subscription, contact sunews@syr.edu.

Connect With Us

  • Twitter
  • Facebook
  • Instagram
  • Youtube
  • LinkedIn
Social Media Directory

For the Media

Find an Expert Follow @SyracuseUNews
  • Facebook
  • Instagram
  • Youtube
  • LinkedIn
  • @SyracuseU
  • @SyracuseUNews
  • @SUCampus
  • Social Media Directory
  • Accessibility
  • Privacy
  • Campus Status
  • Syracuse.edu
© 2022 Syracuse University News. All Rights Reserved.