Today’s Q for O’s WH

By Lindsey Ellerson

Jan 13, 2010 12:00pm

TAPPER: On the fee for banks, without asking for any details,* how can you guarantee that this, that this fee, tax, levy, whatever it ends up being, is not passed on to consumers and they take another hit when it comes to Wall Street?

GIBBS: Yeah, well, look, obviously, Jake we’ll have a chance to go through the structure of this. The economic team has worked for quite some time on a structure that will ensure that what taxpayers gave to banks to ensure their safety and security, in a time of crisis, is paid back in full. And I can assure you that is one of the things the economic team has taken into account in the structure.

*(Gibbs had previously said he didn’t want to give details about the President’s announcement, scheduled for tomorrow.)


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