(CNN) – President Barack Obama met Monday afternoon with "independent financial regulators" to discuss reforms to the banking industry and improvements in the housing market.
Fresh off his family vacation to Martha's Vineyard, Obama specifically discussed the progress made in implementing the Dodd-Frank Wall Street reform law passed in 2010.
Edgartown, Massachusetts (CNN) – President Barack Obama will dust off his presidential bus and head to New York and Pennsylvania for a two day tour next week, the White House announced on Monday.
Obama, currently vacationing on Martha's Vineyard, will use the trip to "discuss another cornerstone of his vision for a better bargain for the middle class," a White House official said, without specifying any details of the president's speeches.
(CNN) - In his weekly address Saturday, President Barack Obama emphasized the plan he laid out earlier this week to further bolster the nation's housing market.
In a speech in Phoenix, Obama called for the phase-out of mortgage giants Fannie Mae and Freddie Mac, and for a greater private-sector role in doling out loans.
(CNN) – With the housing bust's epicenter as his backdrop, President Barack Obama called Tuesday for a full revamp of the government's involvement in home mortgages, including endorsing a full wind-down of loan giants Fannie Mae and Freddie Mac.
The 2008 government bailout of Fannie and Freddie amounted to one of the most expensive government rescues of the financial crisis, costing billions – a tab the president argued Tuesday should never again be left to taxpayers.
(CNN) – President Barack Obama reiterated his "grand bargain" proposal Saturday in his weekly address.
In a series of speeches outside of Washington, the president this week suggested Congress cut corporate tax rates – long a goal of Republicans – while simultaneously making investments in job creation programs, which Democrats and the president have been championing.
Washington (CNN) – A few days after President Barack Obama announced his proposed "grand bargain" to spur economic growth, Republicans remain unimpressed with the United States economy, reacting harshly to the new jobs report for July.
According to the Labor Department, the economy added 162,000 jobs last month, lowering the unemployment rate from 7.6% in June to 7.4% in July. The numbers are less than the 180,000 jobs that economists had originally anticipated for the month.
(CNN) – In his weekly address Saturday, President Barack Obama stressed his commitment to refocus on the economy.
The president traveled to Illinois, Missouri and Florida this week–and promised to make more trips in the coming weeks–to tout the country's economic growth in the last few years and pledge to spend the rest of his second term on policies that will help the middle class.
Washington (CNN) – Republicans are right in saying President Barack Obama's new economy road show is a rerun - full of policy proposals and political attacks the country, and the GOP, have heard before.
But there is a new goal in recycling and retooling the Obama economic pitch: a potential government shutdown looms on the horizon and the president is looking to make sure he has the upper hand as that showdown enters crunch time.FULL STORY
(CNN) – Organizing for Action, the political advocacy group aligned with President Barack Obama, has turned the much-hyped, hour-long speech the president delivered in Illinois on Wednesday into a 60-second television spot that will air on national cable.
Clips of the president are spliced together with photographs of construction workers, manufacturers, students, and families, all designed to promote the economic message the White House says will be their focus on the coming months.
Galesburg, Illinois (CNN) - President Barack Obama pledged Wednesday to focus his energy for the rest of his presidency on the core tenet of his election victories - equal opportunity for all Americans - starting with a campaign-style speech on the economy that also appeared to launch this year's budget battle with Republicans.
Confronting deep partisan divide over federal spending, tax reform and raising the debt ceiling later this year, Obama told a raucous crowd of hundreds at Knox College in Galesburg, Illinois, that reversing a growing inequality between haves and have-nots should be the top priority of Congress.FULL STORY