Moneyball

There is not an official scorebook to rank the financial regulatory agencies for their progress implementing the Dodd-Frank Act. But they do keep score on the softball field.

Another unofficial competition may be which agency participating in the Congressional Softball League has the best name. Take the Consumer Financial Protection Bureau, a relative newcomer to the league.

Representing the new consumer bureau are "The Overdrafts," which have a record of 1-4, according to the league's Web site.

Other entries include a Federal Deposit Insurance Corp. team called "Too Big to Fail," with a record of 2-7, and "The Watchdogs," playing for the Special Inspector General for the Troubled Asset Relief Program. SigTarp's record is 2-3.

Not to be outdone is the Treasury Department, which sponsors two teams. "The Gold Standard" is 4-2 and "The Greenbacks" are 2-5. Meanwhile, the Federal Reserve Board boasts a team in a separate league called "The Grateful Fed."

For reprint and licensing requests for this article, click here.
Law and regulation
MORE FROM AMERICAN BANKER