Obama Presses for Financial Reform

In a Wall Street speech, the President seeks support for regulatory fixes aimed at preventing another banking crisis
President Obama gives a speech on the financial crisis at Federal Hall in New York on Sept. 14. JIM WATSON/AFP/Getty Images

One year after Lehman Brothers collapsed, triggering the worst economic tumult since the Great Depression, President Barack Obama traveled to the epicenter of the crisis—Manhattan's financial district—on Sept. 14 to call for passage of his proposed overhaul of financial regulations. The President also issued a challenge to Wall Street to take responsibility for assisting a broader economic recovery.

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