WASHINGTON, June 17 (Reuters) - U.S. President Barack Obama told financial regulators on Wednesday they had helped the administration design solutions to a serious problem facing the U.S. economy.
"I am looking forward to a constructive conversation with these outstanding regulators and supervisors who have helped us design our approach to a critical problem in our economy," Obama said before a meeting with the group of regulators at the White House.
Obama planned to announce on Wednesday at 12:50 p.m. (1650 GMT) what he described as the largest financial regulatory reform plan since the Great Depression.