NEWS: Obama takes on banks, U.S. Chamber in push for financial reform

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SUNDAY, OCT 11, 2009

Obama takes on banks, U.S. Chamber in push for financial reform

President Obama singled out the U.S. Chamber of Commerce on Friday as a special interest lining up to kill his efforts at protecting American consumers from unscrupulous financial services.

In the East Room of the White House, just hours after learning that he had won the Nobel Peace Prize, Obama aggressively criticized banks and financial services companies for unfair practices, and he urged Congress to act to pass reform creating a Consumer Financial Protection Agency.

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thehill.com

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