April 22 (Bloomberg) — Valerie Jarrett, a senior White House adviser, talks with Bloomberg’s Betty Liu about the outlook for President Barack Obama’s speech today in New York about overhauling regulations governing the US financial system. Obama will say today that the US risks dooming itself to a repeat of the economic crisis unless tougher financial industry regulations are enacted by Congress. Jarrett also discusses the performance of the Obama administration’s economic team. (Source: Bloomberg)
Tag: Regulators
Goolsbee Says Financial Overhaul Bill Forbids Bailouts: Video
April 14 (Bloomberg) — Austan Goolsbee, a senior White House economic adviser, talks with Bloomberg’s Lori Rothman and Julie Hyman about today’s meeting between President Barack Obama and House and Senate leaders. Obama said congressional leaders must finish work on revamping US financial-market rules, including oversight for the $605 trillion over-the-counter derivatives market. Republican Leader Mitch McConnell, who was at the White House meeting, has characterized the proposal as a guaranteed bailout for failing banks. (Source: Bloomberg)