Should we call him "Führer"?

FoxNews reports……….

The Obama administration will call for increased oversight of executive pay at all banks, Wall Street firms and possibly other companies as part of a plan to overhaul financial regulation, the New York Times reported.

Obama is expected to announce the plan, which officials said would include a broad new role for the Fed to oversee large companies, ahead of the G-20 summit in early April.

The administration was still debating details of the plan including how broadly it should be applied and how far it should go beyond simple reporting requirements, the Times said, quoting unnamed officials.

The changes could go into effect through regulations, not legislation, depending on the result of discussions on the issue.

The regulations would reportedly cover all financial establishments, not just those receiving federal bailout aid and would likely work to ensure executive pay was in line with the financial interest of the company.

Though such rules have been discussed previously, recent uproar over executive bonuses has reportedly prompted action from the administration.

Treasury spokeswoman Stephanie Cutter would not discuss what changes to executive compensation the administration might propose, the Associated Press reported. She said the whole issue was being examined in the context of an effort to keep executive bonuses from fostering excessive risk taking.

Heil Obama, Heil Obama!

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