Summers: Wall St reform "imperative" for business trust

WASHINGTON, April 22 (BestGrowthStock) – White House economic
adviser Larry Summers said on Thursday a failure to reform
financial regulations would impair business confidence in the
financial system.

“That’s why we believe stronger regulation is a confidence
imperative,” Summers told PBS in an interview. He predicted
some Republican support in Congress to help President Barack
Obama’s Democrats pass a reform bill with a “strong mandate.”
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(Reporting by Matt Spetalnick)

Summers: Wall St reform “imperative” for business trust