It remains unclear whether Congress will push through financial regulation reform anytime soon, and what exactly that reform might look like (Reuters outlines key differences between current House and Senate proposals). Christina Romer, chair of the President's Council of Economics Advisers, spoke with Charlie Rose about some regulatory reform that she thinks would help, and about why she thinks regulatory reform is necessary now. Here's an excerpt from that interview:
Watch the full interview here.
Some Wall Street bankers are making it clear that they expect tighter regulation will drive up costs for consumers. Marketplace's Bob Moon reported on JP Morgan Chase's anticipated cost adjustments and how it might affect shareholders and consumers. Here is his report:
Posted
02-18-2010 1:56 PM
by
Graham Griffith