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Money Management

Well-known Harvard professor Cass Sunstein was recently nominated to be President Obama's regulatory czar. In the position, he will lead Office of Information and Regulatory Affairs (OIRA). The nomination has received its fair share of controversy (read "Here Comes the Sunstein").

One of the biggest questions about OIRA under administrator-nominee Sunstein is if and how the office will tackle the massive financial problems facing the U.S. The agencies that report to OIRA typically regulate health, public safety and the environment. Independent commissioners govern the SEC and FTC, and while that is unlikely to change, Sunstein may take a deeper look at those agencies' activities.

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Lauren Williamson

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