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Studio interview: Significance of US financial reform bill

07-22-2010 10:38 BJT

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For more analysis on the US financial reform bill signed by Barack Obama, we're now joined by Professor Xie Tao, from Beijing Foreign Studies University. Hello Professor.

Q1: Hello, Professor Xie, we know U.S. President Barack Obama has signed the financial regulation reform bill into law. It targets risk-taking behavior on Wall Street, and tries to help the US economy recover from the worst recession since the 1930s. What do you think of it?

Q2: The overall reform could take years to implement, with hundreds of new rules to be written and the transfer of authority between government agencies. Do you think the reform will be as effective as the U.S. administration expects?

 

Obama signs financial regulation reform bill into law

US President Barack Obama signed the financial regulation reform bill into law on Wednesday, following the Senate's approval last week...<Full story>

Editor:Zhang Pengfei |Source: CNTV.CN

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