President Bush briefly participated in a news conference to announce his initiatives to reduce the number of regulations on the U.S. banking system. He said the new regulatory policies would aid the nation’s banks by streamlining the system and allow greater access to credit for individuals and businesses. Following the president’s remarks, Secretary Robson read a brief statement on the new policies, and a series of administration officials briefly advocated the new regulatory policies. The administration officials responded to questions from reporters following their prepared remarks. close
People in this video
Michael Boskin Chair White House->Council of Economic Advisers
George H. W. Bush U.S. President United States
C. Boyden Gray Counsel White House
- Hank Habicht Deputy Administrator Environmental Protection Agency
Susan M. Phillips Member Federal Reserve->Board of Governors
John Robson Deputy Secretary Department of the Treasury
William Taylor Chair (Former) Federal Deposit Insurance Corporation
- White HouseWhite House
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