日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
World / US and Canada

Geithner warns of threats to US financial system

(Xinhua) Updated: 2012-07-26 06:59

WASHINGTON - US Treasury Secretary Timothy Geithner said on Wednesday that the eurozone debt crisis and US political stalemate over fiscal policy would pose threats to the country's financial stability and economic growth.

"The ongoing European crisis presents the biggest risk to our economy," Geithner said in his testimony before the House Financial Service Committee about an annual report of the Financial Stability Oversight Council (FSOC) to the Congress.

As chairman of the FSOC, Geithner said that US financial institutions have significantly reduced their exposure to the most vulnerable economies of Europe over the past two years, and that they hold substantial levels of capital against the remaining exposures.

However, given the size of the combined European economies and its impact on the global economy, "a severe crisis in Europe would necessarily have very substantial, adverse effects on the United States," he added.

Geithner said the US economy is still expanding, but the pace of economic growth has slowed during the last two quarters.

"The slowdown in US growth could be exacerbated by concerns about approaching tax increases and spending cuts, and by uncertainty about the shape of the reforms to tax policy and spending that are necessary to restore fiscal responsibility," he noted.

Geithner warned the lawmakers that their failure to enact reforms in a timely and credible manner will be damaging to future US economic growth.

As for the US financial system as a whole, Geithner said the potential threats underscore the need for continued progress in repairing the remaining damage from the financial crisis and enacting reforms to make the system stronger for the long run.

The FSOC, an entity created under the Dodd-Frank Act and charged with tasks including identifying risks and promoting market discipline, offered recommendations to help improve US financial stability. The Council supported continued attention to strengthening capital buffers and stress tests.

Acknowledging the important progress regulators have made in designing and implementing regulations necessary for financial reforms, Geithner stressed that they still "have a lot of work ahead."

Trudeau visits Sina Weibo
May gets little gasp as EU extends deadline for sufficient progress in Brexit talks
Ethiopian FM urges strengthened Ethiopia-China ties
Yemen's ex-president Saleh, relatives killed by Houthis
Most Popular
Hot Topics

...
主站蜘蛛池模板: 国产福利久久久 | 国产又粗又爽又黄的视频 | 91精品在线免费观看 | 高压监狱满天星在线观看 | 国产午夜精品一区二区三区嫩草 | 欧美精品四区 | 午夜精品国产 | 黄色免费毛片 | 北京富婆泄欲对白 | jlzzjlzzjlzz亚洲人 | 国产精品久久久久久久av | 自拍中文字幕 | 日韩在线观看第一页 | 午夜男人网站 | 中文字幕在线观看一区二区三区 | 嫩草天堂 | 99视频热 | 国产精品网站在线观看 | 日本一区二区中文字幕 | 99精品偷自拍 | 亚洲一区二区视频 | 黄色片aaa| 国产免费自拍 | 日韩久久高清 | 亚洲成熟女人毛茸茸 | 久久久免费精品 | 国产又粗又爽又黄的视频 | 中文字幕高清av | 久久综合亚洲 | 波多野结衣毛片 | 国产女人18水真多毛片18精品 | h视频在线观看网站 | www.久久久.com| 日韩av高清在线观看 | 日日日日日 | 欧美一区免费看 | 国产精品麻豆传媒 | 欧美区亚洲区 | 亚洲天堂日本 | 亚洲在线免费观看 | 国产黄色片在线 |