The president will make a fresh push for what the West Wing now terms "Wall Street Reform" during the week ahead. The White House announced Monday morning that the President will go to New York on Thursday to push for reform. He will call for swift action by the U.S. Senate and "remind Americans what is at stake" if a strong Wall Street reform package does not go ahead, Press Secretary Robert Gibbs said in a statement. Republicans last week launched an all-out effort to convince Americans that the Democratic proposals to regulate financial firms would represent a big "bailout" for the banks. Obama's first, off-the-cuff response appeared to suggest little concern. But the White House quickly changed gears and the president's later comments -- including his weekend radio address -- were far more aggressive.Expect more of the same this week as Senate Democrats try and push the legislation to passage.
Thursday, May 13, 2010
West Wing
The president will make a fresh push for what the West Wing now terms "Wall Street Reform" during the week ahead. The White House announced Monday morning that the President will go to New York on Thursday to push for reform. He will call for swift action by the U.S. Senate and "remind Americans what is at stake" if a strong Wall Street reform package does not go ahead, Press Secretary Robert Gibbs said in a statement. Republicans last week launched an all-out effort to convince Americans that the Democratic proposals to regulate financial firms would represent a big "bailout" for the banks. Obama's first, off-the-cuff response appeared to suggest little concern. But the White House quickly changed gears and the president's later comments -- including his weekend radio address -- were far more aggressive.Expect more of the same this week as Senate Democrats try and push the legislation to passage.
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