Obama Praises Nominees For SEC, Consumer Panel - 47 ABC - Delmarva's Choice

Obama Praises Nominees For SEC, Consumer Panel

Posted: Updated:

 

WASHINGTON (AP) - President Barack Obama says his picks for two top posts will crack down on those whose irresponsible behavior threatens the U.S. economy and the middle class.
In his weekly radio and Internet address, Obama praises his nominee to lead the Securities and Exchange Commission, Mary Jo White, and his pick for the Consumer Financial Protection Bureau, Richard Cordray.

Obama says White, a former federal prosecutor, will help reform Wall Street. He says Cordray will be a champion for American consumers and is imploring the Senate to confirm him.
Obama installed Cordray last year through a recess appointment after Senate Republicans opposed his nomination.

In the Republican address, South Dakota Sen. John Thune says the Senate must pass a budget that addresses out-of-control spending to stave off another credit-rating downgrade.


(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

 

  • Most Popular StoriesMost Popular StoriesMore>>

  • Homeless Sex Offenders

    Homeless Sex Offenders

    DELAWARE - Individuals featured in this slideshow are NOT wanted. They are sex offenders who have registered with Delaware State Police as homeless. These are public notifications.More >>
    DELAWARE - Individuals featured in this slideshow are NOT wanted. They are sex offenders who have registered with Delaware State Police as homeless. These are public notifications.More >>
  • Five Injured Following Ocean Pines Boat Fire

    Five Injured Following Ocean Pines Boat Fire

    Sunday, August 31 2014 10:49 PM EDT2014-09-01 02:49:55 GMT
    OCEAN PINES, Md. - Maryland Natural Resources spokesperson says five people have been hospitalized after a 24-foot boat caught ablaze in Ocean Pines.More >>
    OCEAN PINES, Md. - Maryland Natural Resources spokesperson says five people have been hospitalized after a 24-foot boat caught ablaze in Ocean Pines.More >>
  • Head-On Car Crash Kills 3 In Accomack

    Head-On Car Crash Kills 3 In Accomack

    Saturday, August 30 2014 11:39 PM EDT2014-08-31 03:39:26 GMT
    ACCOMACK COUNTY, Va. - A head-on collision has taken the lives of three after a drunk driver struck a car holding six people. The drunk driver, who was driving a van, has been arrested for DUI. The crashMore >>
    ACCOMACK COUNTY, Va. - A head-on collision has taken the lives of three after a drunk driver struck a car holding six people. The drunk driver, who was driving a van, has been arrested for DUI. The crashMore >>
Powered by WorldNow
Powered by WorldNow All content © Copyright 2000 - 2014 WorldNow and WMDT. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.