It's up to the Treasury Department to take the report, review it carefully, understand the implications and use the report as a starting place for recommendations that we will make to the president,
More Quotes from John Snow:
There's broad acceptance of the desirability of doing all those things, setting up risk-based management, dealing with fraud, putting place good capital market oversight, ... moving, over time, more of the economy out of the state-run sector in both banking and other sectors and into the private market-directed sector.John Snow
The initial steps by China to increase its exchange rate flexibility played an important part in this decision,
John Snow
Beyond the United States, in Asia and elsewhere we have seen where the excessive reliance on bank financing has contributed to financial crisis, ... help China's economy shift from savings to consumption without sacrificing growth.
John Snow
We are anxious to see the Chinese fulfill the commitment they made to allow market forces to play a larger role in setting their currency's value over time, ... They've gotten on the path that allows them to do so and we'd like to see China continue on that path.
John Snow
I think we'll continue to see wages rise, and real wages will continue to rise as well. The key thing here is that the economy continues to expand, as it has well above trend line.
John Snow
We started three seasons ago with Monday Night Football. We thought it might be a catchy attraction to get guys who don't regularly go to church.
John Snow
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