We Are Not Giving Up
This morning, Senate Republicans blocked the confirmation of Richard Cordray as the Director of the Consumer Financial Protection Bureau. Shortly after, President Obama addressed the vote in a press briefing:
So I just want to send a message to the Senate: We are not giving up on this. We're going to keep on going at it. We are not going to allow politics as usual on Capitol Hill to stand in the way of American consumers being protected by unscrupulous financial operators.
Watch President Obama's remarks:
In Case You Missed It
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Payday loan borrowers are paying nearly $4.2 billion a year in penalty fees. The Consumer Financial Protection Bureau will require payday lenders to provide clear guidance so borrowers aren't hit with unexpected charges.
From the Archives: Vice President Biden Pays Respects at Pearl Harbor Memorial
A look back at Vice President Joe Biden's visit to the USS Arizona Memorial to honor those lost in the Pearl Harbor attack.
Calling All Innovators – Health Care Innovation Challenge Open for Great Ideas
The Department of Health and Human Services has launched the Health Care Innovation Challenge, which will award $1 billion in grants to applicants who will implement the most compelling new ideas to deliver better health and improved care at lower costs.
Today's Schedule
All times are Eastern Standard Time (EST).
9:30 AM: The President receives the Presidential Daily Briefing
10:15 AM: The President holds a meeting with House Democratic Leadership
11:15 AM: The Vice President and Secretary Duncan deliver remarks at Duncan U. Fletcher High School
1:50 PM: The President is interviewed by regional television outlets
6:00 PM: The President delivers remarks at the Hanukkah Reception; the Vice President, First Lady and Dr. Biden attend
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