Jun 18, 2009

Timothy Geithner on his plans for sweeping financial regulations and expanded power for the Fed

Every financial crisis of the last generation has sparked some effort at reform, but past efforts have begun too late, after the will to act has subsided. We cannot let that happen this time.

~ Treasury Secretary Timothy Geithner, "Geithner Defends Plan to Give Fed Stepped-Up Powers," June 18, 2009, Bloomberg.com

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