joining us is phil mattingly from bloomberg news. why don't you explain of how will the federal government grow as a result of this bill? guest: it's going to expand a lot. for the last decade, two decades, there's really been kind of an era of deregulation in the financial markets and financial regulation. there's been an effort to roll back some of the strictest great depression era regulations. i think on the heels of the financial crisis of 2008. what you're seeing now is a certain boost. federal agencies throughout the area are getting significantly more power. the treasury department, the federal reserve, the fdic, those folks are really getting a significant amount of area now to kind of oversee our financial market to try and prevent what happened in 2008. host: so there's control, there's power. we'll get to that as far as new agencies or new entities that's part of the bowl bill, what's coming? guest: there's one that's been the hot point of the debate. certainly through the time in congress and now as we look into the esta

we begin a week-long series on the financial regulations law with bloomberg reporter phil mattingly. he looks at how government powers have been expanded. the series continues tuesday with a look at the impact on banks. on wednesday, we look at how it effects consumers. on thursday, we examine the changes for investors. on friday, we wrap up the series with a conversation on which provisions were created to prevent a future financial crisis. "washington journal" -- like every day at 7:00 a.m. eastern on c-span. >> now, the two leading candidates in the florida senate race -- congressman kendrick meek and businessman jeff greene participate in their second televised event in orlando. it was held on tuesday and hosted by the present -- the press association. the candidates were questioned by a panel of local journalists about the nation's economy and their ethical behavior. the winner of the democratic primary on august 24 will face the likely republican nominee, former florida house speaker marco rubio, and an independent candidate in the four of the early -- gov. charlie crist -- in

at 9:15, phil mattingly talks about the expansion of government powers. our week-loaning series continues tuesday with the impact on banks. on wednesday we look at how it affectss consumers. thursday, we talk about changes for investors. friday we talk about preventing a future financial crisis. "washington journal" live every day at 7:00 a.m. on c-span. >> the american institute of certified public accountants held their annual accounting conference. funding is important in war and in times of economic stress. our live coverage begins today at 8 sm 30 a.m. eastern time on c-span2. >> i think what we're trying to do is take away profits. profit is what drives crime. >> tonight, intellectual property theft. assistant deputy director erik barnett on "the communicateors" on c-span2. >> u.s. senate historian, don ritchie, why did you decide to write a small book called "the u.s. congress"? >> i had -- have a series of educated books but not in their field, so they call it science for philosophers and philosophy for scientists. they asked me to write about the