Obama administration not hostile to financial system: Geithner

Reuters News
|
Posted: Jan 25, 2012 2:58 PM
Obama administration not hostile to financial system: Geithner

CHARLOTTE, North Carolina (Reuters) - Treasury Secretary Timothy Geithner on Wednesday defended the Obama administration's financial reforms, saying they were not hostile to the financial system.

"They are tough where they need to be tough," Geithner told a business community in Charlotte.

(Reporting By Rick Rothacker, Rachelle Younglai)