» Monday, October 20, 2008
Economy-US
Asked if the Prime Minister was perturbed by early reticence that seemed to be coming from the US on the global regulatory framework, the PMS said that he wouldn t characterise the US position in that way; the Prime Minister had been speaking regularly to President Bush about this and we had seen a commitment from the US administration to take this agenda forward in a serious way with their offer to host a meeting of leaders.
Put that the US did not agree with the idea of a regulator looking at the top 30 financial institutes, the PMS said that that was a proposal of the Financial Stability Forum that all of the major developed countries signed up to, including the US. However, the PMS said that he had not seen that specific comment from the US, so he would not accept the journalist s characterisation of the US position.
Briefing took place at 11:00 | Search for related news
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