Obama to Meet Top Regulators on Friday to Discuss ‘Stress Test’

Pres.  Obama plans to meet on Friday with top financial regulators to discuss the “stress tests” being conducted at the 19 nation’s largest banks, a White House spokesman said on Thursday.

Obama will talk with Treasury Secretary Timothy Geithner, Federal Reserve Chairman Ben Bernanke and Federal Deposit Insurance Corp Chairman Sheila Bair, as well as top White House economic adviser Larry Summers, on a “broad” range of financial topics, said spokesman Robert Gibbs.

“I’m sure health assessments of banks will be discussed, financial re-regulation, and an update off of, and a building on, the momentum of G20,” Gibbs said. [ via Reuters]

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