Summers: Wall St reform "imperative" for business trust
WASHINGTON (Reuters) - White House economic adviser Larry Summers said on Thursday a failure to reform financial regulations would impair business confidence in the financial system.
"That's why we believe stronger regulation is a confidence imperative," Summers told PBS in an interview. He predicted some Republican support in Congress to help President Barack Obama's Democrats pass a reform bill with a "strong mandate."
(Reporting by Matt Spetalnick)