White House won’t give timetable on financial reform

WASHINGTON, April 14 (BestGrowthStock) – The White House on
Wednesday declined to give a specific timeline for passing
financial reform but said it was “untenable” that Congress
could end its session this year without taking action.

White House spokesman Robert Gibbs also told reporters in a
news briefing that he believed that the financial reform bill
under consideration in the Senate could be strengthened and the
Republicans would support it.

“I quite frankly think that there will be a decent number
of Republicans (who) will be on the side of reform,” Gibbs.

At the briefing, Treasury Secretary Timothy Geithner said
that widespread housing foreclosures in the United States still
posed an economic risk.
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(Writing by Caren Bohan; Editing by Jackie Frank)

White House won’t give timetable on financial reform