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Weekly Address: President Obama – Protecting Working Americans’ Paychecks

The President’s Weekly Address post is also an Open News Thread. Feel free to share other news stories in the comments.

 

From the White HouseWeekly Address

In this week’s address, the President highlighted the progress made protecting American consumers since he signed Wall Street reform into law five years ago, including an important new step taken by the independent Consumer Financial Protection Bureau earlier this week toward preventing abuses in payday lending.

The President emphasized his commitment to fighting to advance middle-class economics and ensure everybody who works hard can get ahead, while opposing attempts by Republicans both to weaken the CFPB and give large tax breaks to the wealthiest Americans at the expense of the middle class.