The Week In Economy and Jobs Today, President Obama announces that he has selected Elizabeth Warren to serve as an Assistant to the President and Special Advisor to the Secretary of the Treasury on the Consumer Financial Protection Bureau (CFPB). In a blog post this morning Warren explains the importance of this new agency: President Obama understands the importance of leveling the playing field again for families and creating protections that work not just for the wealthy or connected, but for every American. The new consumer bureau is based on a pretty simple idea: people ought to be able to read their credit card and mortgage contracts and know the deal. Elizabeth Warren has been a champion for American consumers and families and was the architect of the idea that became the CFPB. This new agency will set and enforce clear, consistent rules for the financial marketplace to protect consumers from confusing mortgages, unfair credit card rate hikes, and expensive overdraft programs. To learn more about the consumer protections in the Wall Street reform legislation, check out this video: Highlights The President Appoints Elizabeth Warren to Lead a "Watchdog for the American Consumer" September 17, 2010 The President continues his fight for the middle class. Fighting to Protect Consumers September 17, 2010 Elizabeth Warren on the ideas behind the new Consumer Financial Protection Bureau. The Lift: Recovery Act Moderates 2009 Poverty Results September 16, 2010 Jared Bernstein explains that for all the bad news in America's poverty rate, the Recovery Act helped a lot of Americans stay above water. Moving Clean Energy Innovations Out of the Lab and into the Market September 16, 2010 The Department of Energy announces new steps toward strengthening the commercialization successes of our nation’s research universities through a variety of partnerships. President Obama on Small Business Jobs & Tax Cuts: "We Don't Have Time for Any More Games" September 15, 2010 Having just emerged from a Cabinet meeting focused on getting every agency doing all they can to help America create jobs, the President zeroed in on two major fights for the middle class. Republican Tax Plan Doubles Nation's Deficit in Just Ten Years September 15, 2010 Communications Director Dan Pfeiffer puts the Congressional Republicans’ plan to explode the deficit with virtually no benefit to the economy. New Plans Underway to Increase Contracts to Small Business September 15, 2010 A look at the new recommendations, and new resources, on the government's small business contracting. Encouraging Business Investment September 14, 2010 Valerie Jarrett, Senior Advisor to the President, explains the President's agenda to promote economic recovery by helping businesses invest. President Obama in a Fairfax Backyard September 13, 2010 John Nicholas and Nicole Armstrong graciously host the President for a discussion on the economy at their home in Fairfax, Virginia with some of their neighbors. Another Government Shutdown? September 10, 2010 Communications Director Dan Pfeiffer discusses the latest agenda item from House Republicans. Get Updates Sign up for the weekly White House Economy and Jobs Agenda. |
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