White House sees momentum on financial reform

WASHINGTON, April 13 (BestGrowthStock) – The White House said on
Tuesday it believed momentum was building for the effort to
overhaul U.S. financial regulations and urged opposition
Republicans to join the push.

“We hope Republicans in Congress will join us in a
constructive conversation about how to move a strong bill
forward,” a White House official said, a day before President
Barack Obama was to sit down with top Democratic and Republican
lawmakers to discuss legislation on financial reform.

The official said Obama won’t allow a “race to the bottom”
on reform and would not allow the bill to be watered down.

Stock Today

(Writing by Caren Bohan; Editing by Jackie Frank)

White House sees momentum on financial reform