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Obama not mulling new bank reform , spokesman says

WASHINGTON (MarketWatch) -- President Barack Obama is not considering new legislation to regulate the financial sector, despite his suggestion in a radio interview on Wednesday night that reform of the sector remained unfinished, White House spokesman Josh Earnest said on Thursday. "The president wasn't referring to any specific regulation or law that he had in mind, but rather the need to continue to vigilantly monitor financial markets, to assess risks that may be emerging and to ensure that the necessary regulatory protections are in place," Earnest said during the daily press briefing. Obama told Marketplace that bank reform was "an unfinished piece of business." He said that regulators "continue to see a lot of these banks take big risks because the profit incentive and the bonus incentive is there for them" rather than " doing what it is supposed to be doing to grow the real economy." 1:32 p.m. July 3, 2014 (sumber : http://www.marketwatch.com/economy-politics)

Opini : President obama is not too hurry in taking decisions especially in making law. He would prefer to see the State first and find a good way out for the future.