G-20 meeting begins today in London. Obama expected to present and explain new regulations that he and Treasury Secretary Geithner gave to Congress last week. France and Germany want regulatory reforms tackled first, Japan, India, China and United States want to start work on a macro-economic stimulus plan. Obama wants to regulate hedge funds and derivatives markets, as well as get better coordination among regulators. The United States faces criticism from other countries in its emphasis on economic stimulus over strengthening the current regulatory system.”]
Source: https://www.cuinfosecurity.com/g-20-meeting-recession-debate-a-1344