Today, as you both said, the full Senate begins debate on landmark legislation that'll protect American families, limit risky activities on Wall Street, and end the perception that any firm is too big to fail.
Tim Geithner: “Today, as you both said, the full Senate begins debate on landmark legislation that'll protect American families, limit…”
Editor's note · Context
Geithner introduces the Senate debate on significant financial reform legislation.
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I definitely believe that Dodd-Frank has put us in a much stronger position than we were before the crisis.
I do not believe there is a credible argument to make that uncertainty about our fiscal deficits or uncertainty about the design of regulation in Washington today is having a material adverse effect on the American economy today.
If Congress were to choose to try to defer everything... that would be very damaging to the interests of the country.
The only way to restore fiscal responsibility and still preserve the commitments we need to make to our retirees and national security, is by a modest increase in the effective tax rate for the Americans who are in the best position to…





