Financial Reform

Release Time: For Immediate Release WASHINGTON, DC – Today, the Obama Administration released a report, Education and the American Jobs Act: Creating Jobs through Investments in Our Nation’s Schools, and interactive maps that highlight estimated benefits that states and local school districts would receive if Congress acts to pass the American Jobs Act. The White House report provides an analysis of the condition of America’s schools, which have fallen into disrepair, as well as the difficult budget environment facing school districts and teachers nationwide. In order to address these critical needs, President Obama proposed $25 billion to renovate and modernize more than 35,000 public schools and $5 billion to upgrade infrastructure at America’s community colleges through the American Jobs Act, as well as $30 billion to keep hundreds of thousands of educators in the classroom.

Release Time: For Immediate Release WASHINGTON - The White House today will announce new rules proposed by the U.S.

Release Time: For Immediate Release Since the Pittsburgh Summit, the Group of Twenty (G-20) has responded decisively to the global financial crisis with an international financial regulatory reform agenda that is extraordinary both for its breadth and its level of heightened international cooperation. The agenda has strengthened the resilience of the world’s financial systems, expanded the perimeter of regulation, closed regulatory gaps, and transformed the global financial landscape. The United States and other G-20 members collectively have undertaken major financial sector reforms and strengthened the robustness of financial markets and institutions, while fostering a dynamic and innovative marketplace. U.S.

Release Time: For Immediate Release TEXT OF A LETTER FROM THE PRESIDENT TO THE SPEAKER OF THE HOUSE OF REPRESENTATIVES Dear Mr.

Release Time: For Immediate Release WASHINGTON – President Barack Obama will announce his intent to nominate Richard Cordray as the Director of the Consumer Financial Protection Bureau (CFPB). He will make the announcement at an event tomorrow at the White House.