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Statement on President’s Meeting With Wall Street Regulators

Courtesy of Pam Martens.

President Obama Walking in Cross Hall at the White House. (Official White House Photo by Pete Souza.)

August 19, 2013

This afternoon, the White House released the following statement on what transpired at the 2:15 p.m. meeting today between the President and Wall Street regulators. According to the President’s daily schedule printout, the meeting took place in the Roosevelt Room.

We will have significantly more to say on this subject tomorrow.

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“This afternoon, President Obama hosted a meeting with lead independent financial regulators.  In addition to White House staff, participants include the Comptroller of the Currency, the Director of the Consumer Financial Protection Bureau (CFPB), the Acting Director of the Federal Housing Finance Agency (FHFA), and the chairs of the Board of Governors of the Federal Reserve System (FRB), the Commodity Futures Trading Commission (CFTC), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration, and the Securities and Exchange Commission (SEC).  Treasury Secretary Jack Lew also attended the meeting.

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