Secretary Geithner told the House Financial Services Committee Thursday that it has become clear there is a need for better and tougher regulation in a complex and flawed financial system.
VOA: standard.2009.03.26
But it is becoming clear that the system that has been in place for years now, is not sufficiently up-to-date to take full advantage of the information we collect and the knowledge we have,".
VOA: standard.2009.12.29
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