Timothy Ryan, president and chief executive of the Securities Industry and Financial Markets Association (SIFMA), appeared before Congress this week to plead for a Stability Czar. This regulator of stability would "oversee systemic risk in all financial services firms."

No single regulator currently has access to sufficient information or the practical and legal tools and authority necessary to protect the financial system as a whole against systemic risk,” Mr. Ryan said.

I wonder if the Office of Homeland Instability could reside alongside the Office of Homeland Insecurity?