Obama slams US Chamber of Commerce for anti-reform ad

[babsbunny]

http://rawstory.com/2009/10/obama-slams-us-chamber-of-commerce-for-anti-reform-ad/


By Agence France-Presse
Friday, October 9th, 2009 -- 3:49 pm

WASHINGTON — US President Barack Obama on Friday accused big business and its lobbyists of trying to kill his bid to pass a new law shielding US consumers from ruinous predatory lending practices.

The president spoke out in favor of his proposed Consumer Financial Protection Agency, part of a wider regulatory reform effort designed to rein in Wall Street abuses, which is currently being considered in Congress.