American financial reform is not enough to prevent crisis

Financial industry has always been the core competence areas of the United States. In triggering the global financial crisis devastated the global economy, the U.S. tried to restore its leading position in the financial industry, want to be held at the end of the year the Group of Twenty meeting, re-raise right to speak. Financial reform bill recently passed, that is, toward this goal is a crucial step.
The bill is intended to restructure the financial regulatory framework, including the establishment of "Financial Stability Oversight Committee", and strengthen the protection of the rights of consumers and shareholders, emphasizing the prevention of systemic risk. These are in the right direction, but the breadth and depth of reform are inadequate, it may not be able to prevent financial crisis from happening again.
First, the "two rooms" (Fannie Mae and Freddie Mac, the largest U.S. mortgage finance institutions) on the formation of the U.S. financial bubble bear a heavy responsibility, but the new bill passed the "two rooms" there is no specific reform measures . This suggests that the political and economic relations between the United States Congress for financial institutions in complex or difficult to carry out drastic reforms.
Second, the reform bill on the "systemic risk" lack of effective prevention mechanism. The reason why the financial crisis, the U.S. government to spend taxpayer money several times in the rescue of financial institutions, mainly in order to reduce "systemic risk", the result will lead to "too big to fail," the strange phenomenon, so that large financial institutions with impunity, deepening moral hazard.