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时间:2018-07-12
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1、本科毕业设计(论文)外文翻译原文:U.S.ChamberofCommerceTheChamberstronglysupportstheAdministration'sgoalofenhancingconsumerprotection.Evenbeforethefinancialcrisishit,theChamber'sCenterforCapitalMarketsCompetitivenesscalledforregulatoryreform,includingstrengtheningconsume
2、rprotections.Thecrisishasclearlyilluminatedtheshortcomingsofouroutdatedregulatorysystem.Millionsofconsumersandinvestorswereharmed,inpartbecauseofregulatorygapsbutjustasmuchorevenmorebecauseofregulators'failuretoexercisetheauthority—especiallytheenforceme
3、ntauthority—thattheyalreadypossess.TheChamberbelievesthatconsumersneed:1.Clearerdisclosureandbetterinformation.2.Morevigorous,effectiveenforcementagainstpredatorypracticesandotherabuses.3.Eliminationofregulatorygapsthatallowedsomefinancialservicesentitie
4、stoescape.regulationapplicabletotheircompetitors.Weneedsmarter,moreeffectiveregulation.Addingnewregulatorylayersandenactingexpansive,andduplicative,regulatoryauthoritywillnotproducethatresult.Rather,itislikelytoleadtoconfusion,uncertainty,andaregulatorys
5、ystemthatimposesheavyburdensonbusinesswithoutprovidingtheprotectionsthatconsumersneed.OnSeptember23,theChamberreleasedastudyconductedbyThomasDurkin,aneconomistwhospentmorethan20yearsattheFederalReserve.Durkinconcludedthatregulatoryburdensassociatedwithal
6、ackofpreemptionandlegaluncertaintiescreatedbynew,vague,andundefinedstatutorytermswouldreducetheabilityoffinancialinstitutionstoextendconsumercredit,andwouldlikelyincreasethecostofcreditthatisavailable.Moreover,thisreductionincreditwouldimpactsmallbusines
7、sesaswell,becauseitwouldaffecttheveryconsumerfinancialproductsthatsmallbusinessesusetosupplementbusinesscredit,whichoftenisnotavailabletosmallandnewenterprises.Attheverytimewhenweneedthesejob-creatorsthemostinordertorestoregrowthtooureconomy,wewillbehobb
8、lingtheireffortsbyreducingtheiraccesstothecreditthatisessentialtofuelthatgrowth.TheChamberopposestheCFPAlegislationinitscurrentformbecauseitbelievesthecurrentbillisthewrongwaytoenhanceconsumerprotection,anditwillhavesignif
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