Obama says financial bill would prevent bailouts

WASHINGTON, April 14 (BestGrowthStock) – U.S. President Barack
Obama on Wednesday took issue with Republican efforts to
characterize his proposed overhaul of financial regulation as a
bailout bill.

“I am absolutely confident that the bill that emerges is
going to be a bill that prevents bailouts,” Obama told
reporters at a meeting with top Republican and Democratic
lawmakers at the White House.

(Reporting by Caren Bohan)

Obama says financial bill would prevent bailouts