Assistant Secretary for Financial Institutions Michael S. Barr Remarks to the Independent Community Bankers of America As Prepared for Delivery
April 26, 2010
April 26, 2010
WASHINGTON, April 26 -- The U.S. Department of the Treasury issued the text of the following speech:
Just over one year ago, when President Obama took office, the financial system was teetering on the edge. A failing financial system threatened to drag the economy into the depths of another Great Depression. Decisive action staved off the worst.
And yet the costs to every American of the financial crisis have been devastating nonetheless. Many have seen their ho . . .
Just over one year ago, when President Obama took office, the financial system was teetering on the edge. A failing financial system threatened to drag the economy into the depths of another Great Depression. Decisive action staved off the worst.
And yet the costs to every American of the financial crisis have been devastating nonetheless. Many have seen their ho . . .