Political Quotes

Tim Geithner: “One of the most important things the Congress did is to say, 'We're going to establish a level playing field across…”

On the recordApril 4, 2011
One of the most important things the Congress did is to say, 'We're going to establish a level playing field across banks and nonbanks.'
Said by
Tim Geithner
New York

Editor's note · Context

Geithner emphasizes Congress's role in ensuring fair regulation for banks and nonbanks.

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Executive compensation played a material role in causing the financial crisis because it encouraged excessive risk taking.

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If Congress were to choose to try to defer everything... that would be very damaging to the interests of the country.

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If those were embraced by the Congress tomorrow, there would be substantially more confidence around the world in the capacity of this political system in Washington.

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