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: Services
Douglass Says Health-Care Summit Reveals `Common Ground’: Video
Feb. 25 (Bloomberg) — Linda Douglass, a White House spokeswoman for health care, talks with Bloombergs Mark Crumpton and Lori Rothman about the prospects for President Barack Obama’s bipartisan summit in Washington on the stalled health-care legislation. Obama urged lawmakers from both parties to use the meeting to find ways to overhaul the health-care system, saying Congress cant afford to ignore one of the biggest drags on the US economy. (Source: Bloomberg)
Gregg Says White House Seeks `Battle’ on Regulatory Bill: Video
April 14 (Bloomberg) — Senator Judd Gregg, a Republican from New Hampshire, talks with Bloomberg’s Peter Cook about plans to overhaul the financial regulatory system. Obama called House and Senate leaders to the White House today to push for progress on the rules overhaul he proposed after a financial crisis that led to the collapse of Lehman Brothers Holdings Inc. and Bear Stearns Cos. and $700 billion in US aid for banks including Citigroup Inc. and Bank of America Corp. (Source: Bloomberg)
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)
Obama Said to Consider William Daley for White House Job
Jan. 4 (Bloomberg) — President Barack Obama is considering naming William Daley, a JPMorgan Chase & Co. executive and former US Commerce secretary, to a high-level administration post, possibly White House chief of staff, people familiar with the matter said. Bloomberg’s Hans Nichols reports. (Source: Bloomberg)