Written by admin on December 13, 2009 – 12:11 am
Financial Reform Consumer Financial Protection Agency
On December 12, 2009 the President released this message –
“Over the past two years, more than seven million Americans have lost their jobs, and factories and businesses across our country have been shuttered.
In one way or another, we’ve all been touched by the worst economic downturn since the Great Depression.
The difficult steps we’ve taken since January have helped to break our fall, and begin to get us back on our feet. The economy is growing again; and the flood of job losses we saw at the beginning of this year slowed to a relative trickle last month. These are all good signs for the future, but they’re little comfort to all our neighbors who remain out of a job.
The President’s solemn commitment is to work every day, in every way that he can to push this recovery forward and build a new foundation for our lasting growth and prosperity.
That’s why President Obama has announced some additional steps this week to spur private sector hiring. The President will give an added boost to small businesses across our nation through additional tax cuts and access to lending they desperately need to grow.”
Learning from History To Reform Wall Street
Reform and the Consumer Financial Protection Agency
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