President Obama urges financial regulators to speed up reforms

President Obama Announces Financial Regulation Reform. As the culmination of a months-long process in which the President consulted with the most expert and experienced regulators, leaders in Congress, and his entire economic team, he announces his vision for desperately needed financial regulatory reform. A major brick in the new foundation for Americas economy. June 17, 2009. (Public Domain)

Weekly Address: President Obama Urges Action on Financial Reform As a key committee in the Senate takes up reforming the ways of Wall Street, the President lays down a marker: "I urge those in the Senate who support these reforms to remain strong, to resist the pressure from those who would preserve the status quo, to stand up for their constituents and our country.

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NEW YORK — President Obama’s assertive stride into the debate on financial regulatory reform stands in marked contrast to the messy health-care battle that consumed most of the past year. It also.

The financial crisis of 2007-10 led to widespread calls for changes in the regulatory system. In June 2009, President Obama introduced a proposal for a "sweeping overhaul of the United States financial regulatory system, a transformation on a scale not seen since the reforms that followed the Great Depression".

President Obama announced the introduction of the new consumer financial protection agency, which will execute a plan for regulation reform that would improv.

President Barack Obama is urging U.S. financial regulators to speed up Wall Street reforms to stave off the risk of another financial meltdown. President Obama urges financial regulators to speed.

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Obama Urges Sweeping Overhaul of Financial Regulation. President Obama’s speech comes nearly one year after Lehman Brothers filed for bankruptcy, helping to set off a global financial crisis that has led to more than $1.6 trillion in losses by financial institutions and unprecedented government interventions in the banking, insurance, and auto industries.

President Barack Obama a month later called top U.S. financial regulators to the White House, instructing them to speed up the reforms in the face of intense lobbying by banks and politicians from the.