Obama promises to bolster financial regulation (Reuters)

Posted by admin on December 19, 2008 under News | Be the First to Comment

Obama promises to bolster financial regulation (Reuters)

Mary Schapiro, President-elect Barack Obama's choice to head the Securities and Exchange Commission, speaks after being introduced along with Gary Gensler (R) who is to head the Commodities Futures Trading Commission, during a news conference in Chicago December 18, 2008. (Jeff Haynes/Reuters)Reuters – President-elect Barack Obama promised on Thursday to strengthen financial regulatory agencies and crack down on runaway “greed and scheming” in an effort to restore stability to a reeling U.S. economic system.


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