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President Obama

July 22nd, 2010 Background on the President's Bill Signing Ceremony Today

Ronald Reagan Building 

Today, the President will deliver remarks and sign the Dodd-Frank Wall Street Reform and Consumer Protection Act at the Ronald Reagan Building. The President will be joined by a wide array of nearly 400 individuals who were instrumental in passing this historic legislation, including consumer advocates, business leaders, state and local officials, members of Congress, and Americans who will be impacted by reform.

July 21st, 2010 Dodd Statement: President Signs Wall Street Reform

Today, Senate Banking Committee chairman Chris Dodd (D-CT) issued the following statement after the President signed the Dodd-Frank Wall Street Reform and Consumer Protection Act.

“At last, we have brought real change to the way Wall Street does business,” said Dodd.

July 21st, 2010 President Obama Signs Financial Reform Bill Into Law

Breaking news from the Associated Press:

"Obama signs sweeping financial overhaul into law" http://bit.ly/bSxE6U

 

April 16th, 2010 Remarks by the President at a Meeting with the President's Economic Recovery Advisory Board

Below is the offiical remarks published by the White House. This includes President Obama's remarks that he will "veto legislation that does not bring the derivatives market under control and some sort of regulatory framework that assures that we don’t have the same kind of crises that we’ve seen in the past."

THE PRESIDENT: Hello, everybody. All right -- don’t break anything. (Laughter.) You guys all set? All right.

January 21st, 2010 President Obama Calls for New Restrictions on Size and Scope of Financial Institutions to Rein in Excesses and Protect Taxpayers

President Obama joined Paul Volcker, former chairman of the Federal Reserve; Bill Donaldson, former chairman of the Securities and Exchange Commission; Congressman Barney Frank, House Financial Services chairman; Senator Chris Dodd, chairman of the Banking Committee and the President's economic team to call for new restrictions on the size and scope of banks and other financial institutions to rein in excessive risk taking and to protect ta

June 17th, 2009 President Obama to Announce Comprehensive Plan for Regulatory Reform

Announcement from U.S. Department of Treasury

President Obama will lay out a comprehensive regulatory reform plan this afternoon to modernize and protect the integrity of our financial system. While this crisis has had many causes, it is clear now that the government could have done more to prevent these problems from growing out of control and threatening our overall economy.

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