The safety board has no regulatory power in its own right.

"The ability of the board to influence events, without having any regulatory power, relies on public concern about the issues," he said.

The state has some regulatory power over foreign banks that do business in New York.

Members of the real estate community support these regulatory powers.

Officials then cash in on the regulatory power by "seeking rents."

The Senate would let states keep most of their regulatory powers.

The regulatory powers can and will do the job.

The document does not, however, carry the force of law or any other regulatory power.

It will mean regulatory power in the hands of those who breathe the local air.

This must at least be accompanied by better regulatory powers.