Obama Announces Sweeping Overhaul of Regulations
360 views · Published 18 June 2009 · 2:17 · Indexed 20 September 2026
Channel: Voice of America · 2009 · News & Politics
INTRODUCTION: President Obama has proposed sweeping new "rules of the road" for the nation's financial system. Although many say the regulatory system has worked well in the past, the president says the current economic crisis is proof that existing rules are inadequate in today's complex global economy. VOA's Mil Arcega reports.