Republicans are not keeping the campaign promise they made to voters in 2014 to halt President Obama’s “fundamental transformation of America,” conservative and Tea Party leaders charged in an open letter to Congress on Monday. On April 28, Senate Majority Leader Mitch McConnell (R-KY) cited fast-track trade legislation and a bill requiring congressional review of the administration’s nuclear deal with Iran as the major accomplishments of the GOP-led 114th Congress so far.
Read more at CNS News
(Hat tip: KimR)
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Showing posts with label fundamental change. Show all posts
Showing posts with label fundamental change. Show all posts
Wednesday, May 20, 2015
Saturday, September 19, 2009
Obama Says Financial Regulations Must Be Strengthened Globally
BLOOMBERG, The administration has proposed an overhaul of U.S. financial regulations including oversight of the systemic risk large financial institutions pose to the economy, new ways for the government to dismantle failed companies and a regulator to oversee financial products for consumers. ∴ Obama reiterated his calls for Congress to act on his regulatory proposals, which he also made in a speech on Wall Street Sept. 13.
- “As I told leaders of our financial community in New York City earlier this week, a return to normalcy can’t breed complacency,” Obama said in today’s address. “Our government needs to fundamentally reform the rules governing financial firms and markets to meet the challenges of the 21st century.”
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