White House Spox: JPMorgan Fiasco ‘Reinforces’ Importance Of Wall Street Reform

White House Press Secretary Jay Carney told reporters today that the JPMorgan Chase debacle “reinforces why it is so important to pass Wall Street reform,” according to the pool report.

“We can’t prevent bad decisions from being made on Wall Street. What was so important about rules being put into place through Wall Street reform is that we can prevent the taxpayer from bearing the burden,” Carney added.