Better broth, still too many cooks.

The article discusses U.S. President Barack Obama's plan for financial regulatory reform. According to the article, multiple federal agencies oversee the financial system. These duties are shared with approximately 50 state banking regulators and other state and federal consumer-protection agencies. The aims of Obama's financial white paper, which includes not rolling back deregulation of the past 30 years and offering better regulations rather than new regulators, are discussed.