President Obama Names Cordray Consumer Watchdog at Shaker Heights Event
President Obama spoke today at Shaker Heights High School.
Updated 5:45 p.m. Wednesday President Barack Obama visited Northeast Ohio today to announce the appointment of Richard Cordray, who will run the new consumer protection agency. Obama told a crowd at Shaker Heights High School that people need a consumer watchdog to defend and advocate for them. "For way too long, we’ve had a financial system that was stacked against ordinary Americans," Obama said. Cordray, a former Ohio attorney general, accompanied the president on the trip. “Does anybody think the reason we got in such a financial mess, the worst financial crisis since the Great Depression, the worst economic crisis in a generation, that the reason was because of too much oversight of the financial industry?” Obama asked. People booed …
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Tonto
11:01 pm on Sunday, January 8, 2012
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