Executive Order 12631 created the Working Group of Financial Markets, following Black Monday, 1987. It is a brief document. Sec. 1 defines its members exclusively as the secretary of the Treasury, and the chairs of the Federal Reserve Board, the Commodity Futures Trading Commission (CFTC), and the SEC. Sec. 2 limits the commission's obligations to the president's office, and Sec. 3 orders all agencies to provide "such information as it may require", to the extent permitted by law. The first Group was James Baker (T), David Ruder (SEC), Alan Greenspan (FRB), Wendy Gramm (CFTC).

The "Blueprint for a Modernized Financial Regulatory Structure" (1,2) recommends additional memberships to the PWG. See more recently a reported outline of Sen. Dodd's "superagency" proposal.

LOL.

Diversity is the key to economic and political evolution.