Bush is trying to shuck off the blame onto Congress. He waiting until the crisis reached the boiling point and offered his Shock Doctrine with Paulson having dictatorial powers. Do not have regulations at the disposal of the Executive Branch only. It was planned a while back as they knew there was a crisis they want Congress to approve a bill to give them more power. Pass a temporary bill with more bills to follow. Take care of the immediate cases only not the whole package. Also make sure that the power given is limited with Congressional approval required on all cases. Bush created the mess so giving them more power to deepen the mess is not a good idea. They need supervision.
If a child breaks the dinner plates do you let him/her full access to the kitchen dinnerware? Come on Nancy, don't be fooled!