Remarks by the President in Nominating Richard Cordray as Director of the Consumer Financial Protection Bureau
THE PRESIDENT: Good afternoon, everybody. It has been almost three years since the financial crisis pulled the economy into a deep recession. And millions of families are still hurting because…
President Obama Meets with Powells and Leading CEOs on Making Investments to Ensure a Competitive US Workforce
Several CEOs Announce New Investments Today, the President will host an education roundtable with business leaders, Secretary Duncan, Senior Advisor Valerie Jarrett, Domestic Policy Council Director Melody Barnes, America’s Promise…
Presidential Nominations Sent to the Senate
NOMINATIONS SENT TO THE SENATE: Richard Cordray, of Ohio, to be Director, Bureau of Consumer Financial Protection for a term of five years. (New Position) Chester John Culver, of Iowa,…
Readout of the President’s Roundtable Discussion on Financial Reform Implementation
This afternoon, President Obama held a roundtable discussion on the implementation of financial reform. The President hosted senior officials from the U.S. Department of the Treasury, the Federal Reserve Board,…
Obama Appoints New Counterterrorism Chief
With the potential exit on the cards for Timothy Geithner until the issue of raising the national debt ceiling being resolved, it seems as if Obama understands these changes, and…
Romney Backtracks on Economic Statement
Article by Karina Zakari of Green Party US Mitt Romney, Presidential candidate for the 2012 elections, has taken back one of the most important points on which his presidential campaign…
Will The Economy Be Obama’s Downfall?
While the US economy is on everyone’s minds these days, there’s no doubt that the person who it concerns the most is President Obama. To put it simply, the next…
Obama Should Overrule Congress
If Congress does not increase the debt ceiling, then the United States will lose its AAA debt ratings as a result of defaulting on their obligations. Since agreement has not…
Obama Has To Rebuild New Economic Team
With the Obama administration being aware of the current focus being on jobs, Timothy Geithner’s potential departure can mean that the President will have to put together a new economic…
Pawlenty Lashes Out On Economic Policy
Article by Sandra Jackson of Where Is My Vote? According to the former Minnesota governor, Tim Pawlenty, and now a Republican Presidential candidate, has not minced words when it came…