VOA慢速英语 2008 0404a
时间:2019-01-11 作者:英语课 分类:VOA慢速英语2008年(四)月
Treasury 1 Secretary Henry Paulson announces the proposal on March 31, 2008
This week, the Bush administration proposed major changes to the way the financial system is supervised. Treasury Secretary Henry Paulson announced the plan Monday. He said the changes should not and will not be put in place until the current financial crisis is over. The plan is divided into short-term, intermediate-term and long-term goals.
Among the short-term goals is an expansion of the President's Working Group on Financial Markets. The proposal would bring banking 2 supervisors 3 into the group and expand its responsibility to the entire financial industry. Other short-term goals include creating a group to set rules for the home loan industry. Many people blame irresponsible lending to people with risky 4 credit histories for the current subprime mortgage crisis.
Intermediate goals include combining or closing some financial supervising agencies that perform similar duties. The proposal would close the Office of Thrift 5 Supervision 6, which oversees 7 non-bank savings 8 organizations. It would also combine the Commodity Futures 9 Trading Commission and the Securities and Exchange Commission. The C.F.T.C. currently supervises the market for financial contracts known as futures while the S.E.C. regulates securities markets.
Another aim would be to take the first steps toward the federal government supervising the insurance industry. This industry has been supervised mainly by the states for about one hundred thirty-five years.
In the long term, the plan calls for strengthening the Central Bank to guard against all threats to the financial system. But, the proposal would also create new agencies. It calls for a Prudential Financial Regulator, which would combine all federal bank regulators into a single agency. Also, a Conduct of Business Regulator would be responsible for investor 10 protection. This agency would perform many duties currently done by the Securities and Exchange Commission.
Small banks and some state officials strongly oppose the plan. Small banks see the plan as a way to make big financial companies more competitive. Other groups have criticized the plan because it does not provide help for the current mortgage crisis.
And that's the VOA Special English Economics Report, written by Mario Ritter. Transcripts 11 and archives are at voaspecialenglish.com. I'm Steve Ember.
- The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
- This book is a treasury of useful information.这本书是有价值的信息宝库。
- John is launching his son on a career in banking.约翰打算让儿子在银行界谋一个新职位。
- He possesses an extensive knowledge of banking.他具有广博的银行业务知识。
- I think the best technical people make the best supervisors. 我认为最好的技术人员可以成为最好的管理人员。 来自辞典例句
- Even the foremen or first-level supervisors have a staffing responsibility. 甚至领班或第一线的监督人员也有任用的责任。 来自辞典例句
- It may be risky but we will chance it anyhow.这可能有危险,但我们无论如何要冒一冒险。
- He is well aware how risky this investment is.他心里对这项投资的风险十分清楚。
- He has the virtues of thrift and hard work.他具备节俭和勤奋的美德。
- His thrift and industry speak well for his future.他的节俭和勤勉预示着他美好的未来。
- The work was done under my supervision.这项工作是在我的监督之下完成的。
- The old man's will was executed under the personal supervision of the lawyer.老人的遗嘱是在律师的亲自监督下执行的。
- She oversees both the research and the manufacturing departments. 她既监督研究部门又监督生产部门。 来自《简明英汉词典》
- The Department of Education oversees the federal programs dealing with education. 教育部监管处理教育的联邦程序。 来自互联网
- I can't afford the vacation,for it would eat up my savings.我度不起假,那样会把我的积蓄用光的。
- By this time he had used up all his savings.到这时,他的存款已全部用完。
- He continued his operations in cotton futures.他继续进行棉花期货交易。
- Cotton futures are selling at high prices.棉花期货交易的卖价是很高的。
- My nephew is a cautious investor.我侄子是个小心谨慎的投资者。
- The investor believes that his investment will pay off handsomely soon.这个投资者相信他的投资不久会有相当大的收益。
- Like mRNA, both tRNA and rRNA are transcripts of chromosomal DNA. tRNA及rRNA同mRNA一样,都是染色体DNA的转录产物。 来自辞典例句
- You can't take the transfer students'exam without your transcripts. 没有成绩证明书,你就不能参加转学考试。 来自辞典例句