President Obama urges financial regulators to speed up reforms

Former federal reserve chairman paul volcker urged a Senate panel Tuesday to adopt new rules that would limit the investment activities of large banks as part of an overhaul of financial regulations .. Federal regulators need to speed up reforms of the financial industry.

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Obama urges senators to support financial reform. "I urge those in the Senate who support these reforms to remain strong, to resist the pressure from those who would preserve the status quo, to stand up for their constituents and our country," he said.

President Obama Pushes for Financial Reform WASHINGTON – Three years after President Barack Obama signed a sweeping overhaul of lending and high-finance rules, execution of the law is behind schedule, with scores of regulations yet to be.

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Released on June 17, 2009, President Obama’s plan to reshape financial regulation seeks to give Washington the tools to police the shadow system of finance that has grown up outside the government.

Click here to get an answer to your question You just watched a video in which President Obama announces his plan for financial regulatory reform. Accordi.

President Obama holds a meeting with financial regulators to receive an update on their progress in implementing Wall Street at the White House in Washington March 7, 2016.

President barack obama called top U.S. financial regulators to the White House on Monday, instructing them to speed up Wall Street reforms in the face of intense bank lobbying.

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Obama urges action to bring Dodd-Frank into effect. Barack Obama urged the top US financial regulators to speed up the implementation of regulations associated with the 2010 Wall Street reform bill, which have stalled amid disagreements between agencies and intense lobbying by big banks. The US president delivered his message to Ben Bernanke,

Obama Urges Sweeping Overhaul of Financial Regulation. President Obama’s speech comes nearly one year after lehman brothers filed for bankruptcy, helping to set off a global financial crisis that has led to more than $1.6 trillion in losses by financial institutions and unprecedented government interventions in the banking, insurance, and auto industries.

WASHINGTON (MarketWatch) — President Barack Obama on Monday pressed the chief. to troubled homeowners and end their opposition to bank regulatory reform legislation moving on Capitol Hill. "I.