Tim Geithner: “President Obama is committed to moving quickly to reform our entire system of financial regulation so that we never…”

Absolutely. Yes, again, we see there's no prospect to an agreement that doesn't involve those rates going up on the top 2 percent of the wealthiest Americans.

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.

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.'

The administration and Congress have a responsibility to look forward, reconsider the role government has played in the past.