{"id":1031070,"date":"2023-03-20T05:58:22","date_gmt":"2023-03-20T05:58:22","guid":{"rendered":"https:\/\/www.counterpunch.org\/?p=277106"},"modified":"2023-03-20T05:58:22","modified_gmt":"2023-03-20T05:58:22","slug":"the-next-bomb-to-go-off-in-the-banking-crisis-will-be-derivatives","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2023\/03\/20\/the-next-bomb-to-go-off-in-the-banking-crisis-will-be-derivatives\/","title":{"rendered":"The Next Bomb to Go Off in the Banking Crisis Will Be Derivatives"},"content":{"rendered":"<p>U.S. Treasury Secretary Janet Yellen finds herself in a very dubious position. Under the Dodd-Frank financial reform legislation of 2010, the U.S. Treasury Secretary was given increased powers to oversee financial stability in the U.S. banking system. This increase in power came in response to the 2008 financial crisis \u2013 the worst financial collapse since  <a href=\"https:\/\/www.counterpunch.org\/2023\/03\/20\/he-next-bomb-to-go-off-in-the-banking-crisis-will-be-derivatives\/\">More<\/a><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.counterpunch.org\/2023\/03\/20\/he-next-bomb-to-go-off-in-the-banking-crisis-will-be-derivatives\/\">The Next Bomb to Go Off in the Banking Crisis Will Be Derivatives<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.counterpunch.org\/\">CounterPunch.org<\/a>.<\/p>\n\n<p class=\"syndicated-attribution\">This post was originally published on <a href=\"https:\/\/www.counterpunch.org\/2023\/03\/20\/he-next-bomb-to-go-off-in-the-banking-crisis-will-be-derivatives\/\">CounterPunch.org<\/a>. <\/p>","protected":false},"excerpt":{"rendered":"<p>U.S. Treasury Secretary Janet Yellen finds herself in a very dubious position. Under the Dodd-Frank financial reform legislation of 2010, the U.S. Treasury Secretary was given increased powers to oversee financial stability in the U.S. banking system. &#8230;<\/p>\n","protected":false},"author":2524,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"_links":{"self":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1031070"}],"collection":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/users\/2524"}],"replies":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/comments?post=1031070"}],"version-history":[{"count":1,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1031070\/revisions"}],"predecessor-version":[{"id":1031071,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1031070\/revisions\/1031071"}],"wp:attachment":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/media?parent=1031070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/categories?post=1031070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/tags?post=1031070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}