President Obama asks Congress to take financial reform over the 'finish line'

[cal04]

Source: The Hill

President Barack Obama lauded lawmakers for fighting Wall Street lobbyists and taking financial reform legislation to the "verge of victory."

Obama, in his weekly radio address, said that Congress gave him "90 percent" of what he asked for when it finished a conference committee deal early Friday morning.

The president, who is attending the G-8 and G-20 summits in Canada this weekend, said the new legislation, which he hopes to sign by July Fourth, will give consumers new protections and help prevent another financial meltdown.

(snip)
"Getting this far on Wall Street reform hasn’t been easy," Obama said. "There are those who’ve fought tooth and nail to preserve the status quo. In recent months, they’ve spent millions of dollars and hired an army of lobbyists to stop reform dead in its tracks."

Read more: http://thehill.com/homenews/administration/105661-obama-asks-congress-to-take-financial-reform-over-finish-line

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Weekly Address: Finishing the Job on Wall Street Reform
http://www.whitehouse.gov/blog/2010/06/26/weekly-address-finishing-job-wall-street-reform

[LiberalLovinLug]

1. Just add the other 10% in your signing statement

As long as you didn't dismantle the unconstitutional practices of the former occupant of the White House, you may as well use them.

[Shireling]

2. How about issuing a signing statement

to extend unemployment compensation?

:think: