Saturday, April 25, 2009
US 'wants more financial rules'
The US is committed to the establishment of stricter rules against financial fraud and abuse, Treasury Secretary Timothy Geithner has said.
Speaking in Washington, Mr Geithner said such new regulation - both in the US and globally - would help to prevent a repeat of the credit crisis.
His comments come a week before the heads of the G20 group of leading countries meet in London.
G20 leaders have already pledged to try to agree new global financial rules.
See full Article.