And it was quite a hassle for my parents to send me any money. Today, my children are still in high school. But in the future, they may study abroad too. If that happens in the eurozone, I will experience hardly any hassle sending them money.
We regularly consult on these matters with the Consumer Financial Protection Bureau, the Securities and Exchange Commission, and other agencies.10 The new Financial  8  See Board of Governors of the Federal Reserve System (2011), “Federal Reserve Board Proposes Steps to Strengthen Regulation and Supervision of Large Bank Holding Companies and Systemically Important Nonbank Financial Firms”, press release, December 20, www.federalreserve.gov/newsevents/press/ bcreg/20111220a.htm.