Obama has yet to spell out the U.S. position on revamping the global financial system or how he views Brown's calls for an international global regulator to oversee financial markets. But Obama and Brown have responded to the financial crisis with similar economic stimulus packages and bank bailouts.British Prime Minister to Press for Financial Overhaul in Meeting With Obama - washingtonpost.com
"The president said in September that we have to act together in helping to stimulate the economies of the G-20, as well as ensuring that there's some financial rules of the road so that we don't find ourselves in the same position a few years down the line," White House press secretary Robert Gibbs said in Washington on Monday. "And I think those are the topics that are likely to dominate both the meeting and the working lunch that they'll have."
Of concern to Europeans, Kellner said, is what many perceive as Congress's tendency to be inward-looking and protectionist.
Tuesday, March 3, 2009
British Prime Minister to Press for Financial Overhaul in Meeting With Obama - washingtonpost.com
Posted by Anthony J. Pennings, PhD at 10:10 AM