Detailed text transcripts for TV channel - MSNBC - 20120106:06:09:00
>> she is right about the powers that have been preserved as you read the powers that you now have having been sworn in. your position seems very powerful. youre able to create rules of the road for financial institutions. in effect, what is the effective difference between your powers and congress power to legislate? >> well, i think like every independent agency, congress has delegated us authority to make some rules that fill in the gap in legislation. but frankly when i was attorney general ...
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