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Posted on 04/18/2012 8:22:37 AM PDT by maggief
Treasury Secretary Timothy Geithner is warning that if GOP lawmakers continue their push to roll back portions of the Dodd-Frank financial reform law, it could "critically undermine" the ability to prevent damaging future crises.
In a letter sent to lawmakers Tuesday, Geithner blasted a package of measures set to be considered by the House Financial Services Committee on Wednesday, including a pair that would repeal or trim key pieces of the Wall Street makeover.
"The act provides essential reforms that should not be weakened or repealed," he wrote to committee Chairman Spencer Bachus (R-Ala.) and ranking member Rep. Barney Frank (D-Mass.).
In particular, Geithner is concerned about a measure that would eliminate the so-called "resolution authority" Dodd-Frank gave to banking regulators
(Excerpt) Read more at thehill.com ...
And this coming from a jackass blaming Turbo Tax for his being a 100% slimy tax cheat. What a fool! I still think that these morons in our White House are in a parallel universe where they can’t see how ignorant and trashy they sound.
It would hurt their Marxist agenda.
No, no! Not the Dodd-Frank Crony Capitalist bill!
One of my favorite administration characters - TIMMAH!
Bank examiners/auditors/regulators can write regs on the fly that become law. 100s and 100s of regs are being written every week.
Who could do business in that climate?
with those two cockroahes out of office we are safer without their ass covering laws, they should be cellmates.
Resolution authority + essential reforms = Total control
**** you timmy... you tax cheating commie son of a whore for sastan.
LLS
We are going to put hands on throwing you out of your job. Then we are going to dismantle your commie Dudd-Frankenfag bill, Timmy.
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