President Obama's weekly address: Financial reform to protect consumers

From our friends at Whitehouse.gov:

In his weekly address, President Obama explains his plan to address one of the major causes of the current economic crisis: the breakdown of oversight leading to widespread abuses in the financial world. The new Consumer Financial Protection Agency will have the sole job of looking out for the financial interests of ordinary Americans by banning unfair practices and enforcing the rules, a cornerstone in America’s new economic foundation.



If the viewscreen is not visible above, the video may be watched at http://www.youtube.com/watch?v=gdm-pZm8hoA.