NU Online News Service, June 12, 3:51 p.m. EDT
WASHINGTON–Treasury Secretary Timothy Geithner will outline the thinking behind the Obama administration's regulatory reform proposals Thursday in rare consecutive hearings before the Senate and House financial services committees.
The hearings will follow the expected unveiling of the administration's plan to reform regulation of the financial services industry on Wednesday, by Laurence Summers, chairman of President Obama's National Economic Council.
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