Thursday, March 26, 2009

Sec. Geithner Pushes For Regulatory Reform

Treasury Sec. Timothy Geithner is appearing before the House Financial Services Cmte., where he will provide further details on plans to increase executive power over failing non-financial companies. Rep. Barney Frank (D-MA) chairs the hearing entitled, “Addressing the Need for Comprehensive Regulatory Reform.” I was again lucky to be a witness at this event today where he set out his goals for securing the economy and preventing similiar economic events in the future.

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