WASHINGTON - U.S. President and the Administration still believes that reform of the financial market taking priority this year, said White House adviser Christina Romer. "This is absolutely a top priority. Administration does not want to lose the chance to adopt reforms to avoid another possible crisis in the future, "she said.
Obama will speak on financial reform in New York on Monday, the anniversary of the collapse of financial institutions' Lehman Brothers. He will point out that the state of the economy improved, but still has a lot to be done to protect it, said White House spokesman Robert Gibbs.
An ambitious plan provides tighten regulations for banks and capital markets, in order to better protect consumers. "We plan and work with Congress on its implementation. We want to show again why he has such an interest, why you need to do reform, "said Gibbs.
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