-
(单词翻译:双击或拖选)
WASHINGTON, Feb. 2 (Xinhua) -- U.S. Treasury1 Secretary Timothy Geithner said Thursday U.S. financial system has been strengthened through reforms ,but warned that gains would erode2 if efforts eased.
"This is a critical year for financial reform," Geithner said in a briefing with reporters. He said the financial system is getting stronger and safer but a lot more need to be done for the year ahead.
In 2012, the Treasury Department expects to put in key elements of the new framework of safeguards for the financial system and at the same time make progress on reforms of the housing finance system.
The Treasury Secretary said his agency would set new rules on capital and liquidity3 of banks, continue reform on the derivatives4 markets, set rules against risk outside the banking5 system, and expand availability of credit to small businesses.
Geithner also pledged to lay out more details about reform in the housing finance system. In his view, the immediate6 obligation is to "repair the damage to homeowners, the housing market, and the neighborhoods caused by the crisis."
"In our white paper released last February, we outlined a broad strategy with several options for reforming the housing finance system. We expect to lay out more detail around approaches to reform in the spring," Geithner said.
In order to create a more sustainable housing finance system, they would wind down the Government Sponsored Enterprises, like Freddie Mac and Fannie Mae, and bring private capital back into the market, reducing the government's direct role in the housing market.
点击收听单词发音
1 treasury | |
n.宝库;国库,金库;文库 | |
参考例句: |
|
|
2 erode | |
v.侵蚀,腐蚀,使...减少、减弱或消失 | |
参考例句: |
|
|
3 liquidity | |
n.流动性,偿债能力,流动资产 | |
参考例句: |
|
|
4 derivatives | |
n.衍生性金融商品;派生物,引出物( derivative的名词复数 );导数 | |
参考例句: |
|
|
5 banking | |
n.银行业,银行学,金融业 | |
参考例句: |
|
|
6 immediate | |
adj.立即的;直接的,最接近的;紧靠的 | |
参考例句: |
|
|
7 detailed | |
adj.详细的,详尽的,极注意细节的,完全的 | |
参考例句: |
|
|
8 noted | |
adj.著名的,知名的 | |
参考例句: |
|
|