WASHINGTON, March 27 (Reuters) - U.S. President Barack Obama, in a meeting with bankers on Friday, stressed the importance of dealing with toxic assets and they agreed the regulatory framework needed updating, White House spokesman Robert Gibbs said.
"The president opened up by talking about the importance of dealing with toxic assets and getting banks lending again," he said. "It's fair to say that they agreed on the need to update the framework of regulations." (Reporting by Tabassum Zakaria; Editing by John O'Callaghan)