Financial Markets and Community Investment

By General Accounting Office

Book Id: WPLBN0000101893
Format Type: PDF eBook
File Size: 0.3 MB
Reproduction Date: 2005

Title:	Financial Markets and Community Investment
Author:	General Accounting Office
Volume:
Language:	English
Subject:	Government publications, Accountability in government, United States. General Accounting Office
Collections:	Government Library Collection, Government Accountability Integrity Reliability Office Collection
Historic Publication Date:
Publisher:	United States General Accounting Office (Gao)


Citation APA MLA Chicago Office, G. A. (n.d.). Financial Markets and Community Investment. Retrieved from http://gutenberg.cc/

Description
Government Accountability Integrity Reliability Office Collection

Excerpt
Excerpt: Our team supports Congress in two areas critical to the nation's economic and social well-being. First, we help ensure that U.S. financial markets function smoothly and effectively and work to identify ways to stem fraud and abuse that can endanger the financial security of businesses, households, and individuals. We help Congress respond to crises that threaten financial markets? for example, trading abuses at mutual funds. Our work also explores needed changes in financial market regulation in an increasingly global environment. Second, we help promote sound, sustainable community investment by assessing the effectiveness of federal initiatives aimed at small businesses, state and local governments, and community-based organizations. We provide performance evaluations that Congress uses in targeting funds to improve the supply of low- and moderate-income housing, encourage home ownership, and expand economic opportunities for small businesses and disadvantaged communities.