(CNN) - In his second-to-last weekly address before Election Day, President Barack Obama touted newly enacted consumer protection measures and criticized congressional Republicans for their opposition to the measures.
Congressional candidate Ann Wagner spoke for the Republicans, criticizing Obama for "failed leadership" while advocating for the election of GOP presidential nominee Mitt Romney.
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Wagner, a Missouri Republican, is running against Democrat Glenn Koenen for the seat currently held by Rep. Todd Akin. Rather than run for reelection to congress, Akin is seeking to unseat Sen. Claire McCaskill and has landed himself in headlines for comments on "legitimate rape" that he made and later apologized.
Wagner criticized Obama for his positions and policies relating to taxes, health care, and energy.
"This election is not about President Obama the person, it's about his failed presidency and failed leadership," she said.
She said her father, a small business owner, taught her, "when we get government off the backs of our job creators, small businesses have a better chance of thriving."
In his address, Obama made a case for some regulations, such as the financial consumer protections he touted.
"I believe that the free market is one of the greatest forces for progress in human history, and that the true engine of job creation in this country is the private sector, not the government," he said. "But I also believe that the free market has never been about taking whatever you want, however you can get it. Alongside our innovative spirit, America only prospers when we meet certain obligations to one another, and when we all play by the same set of rules."
Obama promoted a watchdog overseeing the consumer credit and banking industries.
"If you’re opening a bank account, trying to get a student loan, or applying for a credit card and something doesn’t seem right, you can let them know and they’ll check it out," he said of the agency, which also investigates credit score issues.
With the election just 10 days away, both he and Romney are on the campaign trail Saturday.
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If Congress wants an example of failed leadership they need only look in the mirror. ThEY themselves are the failure.
We don't need to regulate these people who are making products we consume. I have confidence that they will do the right thing without being made to. We can trust the people who make our food, medicines, and household products. Can't we? People are honest naturally, right? "They don't need to be regulated," claim the Republicans who brought you the disaster of the deregulated banks and oil drilling companies of the Bush years.