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.”
Stock Analysis
(Reporting by Matt Spetalnick)
Summers: Wall St reform “imperative” for business trust
