U.S. President Barack Obama gives remarks following an Oval Office meeting with Treasury Secretary Timothy Geithner and members of the Senate Banking and House Financial Services Committees

President Barack Obama gives remarks following an Oval Office meeting with Treasury Secretary Timothy Geithner and members of the Senate Banking and House Financial Services Committees. President Obama discusses the need to transform the regulatory system to meet the new century's financial structure. Obama calls the day's meeting a "critical first step" to restoring financial accountability.