WEEKLY ADDRESS: Wall Street Reform is Working
Source: White House
In this week's address, the President spoke to the progress we have made in making our financial system stronger, safer, and more fair in the years since financial crisis. Five years ago this week our country enacted the Dodd-Frank Wall Street Reform and Consumer Protection Act, rules that have substantially reduced recklessness and abuse in our financial system that predated the crisis. As a result of Wall Street reform, our banks are less reliant on unstable funding and less likely to engage in risky behavior, the independent Consumer Financial Protection Bureau works to protect American consumers, and our financial system is significantly better-regulated. Dodd-Frank is working, and the President emphasized that he will continue to fight any challenges to the law and veto any effort to unravel the new rules governing Wall Street.
Read more: https://www.whitehouse.gov/the-press-office/2015/07/25/weekly-address-wall-street-reform-working
It’s been seven years since the worst financial crisis in generations spread from Wall Street to Main Street – a crisis that cost millions of Americans their jobs, their homes, their life savings. It was a crisis that cost all of us. It was a reminder that we’re in this together – all of us.
That’s how we’ve battled back these past six and a half years – together. We still have work to do, but together, we prevented a second Great Depression. Our businesses have created nearly 13 million jobs over the past 64 months. The housing market is healthier. The stock market has more than doubled, restoring the retirement savings of millions. Americans of all stripes buckled down, rolled up their sleeves, and worked to bring this country back. And to protect your efforts, we had to do something more – we had to make sure this kind of crisis never happens again.
That’s why five years ago this week, we enacted the toughest Wall Street reform in history – new rules of the road to protect businesses, consumers, and our entire economy from the kind of irresponsibility that threatened all of us. Five years later, here’s what that reform has done.
https://www.whitehouse.gov/the-press-office/2015/07/25/weekly-address-wall-street-reform-working
= new reply since forum marked as read
And thanks for the weekly posting! 
I think a lot of folks forget that back in January 2009, the inauguration month, there were over 800,000 job losses just for that month alone.
The key thing here is that we need to take back the legislative branches (both federal and state) and keep a Dem at the top and try to move to the next phase of financial (and campaign) reforms.
Now that's a knee slapper! 
