Why We Regulate -- and Why John Walsh Needs to Resign

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Why We Regulate — and Why John Walsh Needs to Resign

Why We Regulate — and Why John Walsh Needs to Resign

HuffPO-

Regulatory agencies exist to protect the public, not the corporations they regulate. The head of the Office of Comptroller of the Currency doesn’t seem to understand that. But that’s not why John Walsh needs to resign.

The OCC was created to stabilize the economy, make it easier to conduct trade, and protect people’s savings. It didn’t do that. In fact, it ignored the warnings raised by others. But that’s not why John Walsh needs to resign.


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