Addressing the Press on the Senate Financial Recovery Bill on CSPAN

Wed, 10/01/2008
We spent a lot of time working on getting it right. As you know the bill that was presented to us by the administration and asked to pass was not in a position that we thought was appropriate. We added very substantial provisions in terms of transparency, in terms of oversight, in terms of capping compensation so the taxpayers weren't enriching the already rich. And providing for protections for homeowners, trying to make sure that we can provide for some workouts for people so they're not kicked out of their homes.