久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

Asia-Pacific

Obama signs sweeping Wall Street overhaul into law

(Agencies)
Updated: 2010-07-22 06:41
Large Medium Small

WASHINGTON - US President Barack Obama signed into law on Wednesday the most comprehensive financial regulatory overhaul since the Great Depression, vowing to stop risky behavior on Wall Street that imperiled the US economy.

Obama signs sweeping Wall Street overhaul into law
US President Barack Obama speaks about the economy in the Rose Garden of the White House in Washington July 19, 2010. [Agencies] 

Influential business groups lined up to criticize the new law, underscoring Obama's uneasy relationship with America's business community. Some on Wall Street, however, welcomed the clarity offered by the law after months of wrangling in Congress over what should be in the legislation.

The law, which got final approval from the Senate last week, targets the kind of Wall Street risk-taking that helped trigger a global financial meltdown in 2007-2009 and also aims to strengthen consumer protections.

Related readings:
Obama signs sweeping Wall Street overhaul into law Obama poised to sign sweeping financial overhaul
Obama signs sweeping Wall Street overhaul into law Obama says Republicans holding unemployed hostage to politics
Obama signs sweeping Wall Street overhaul into law Obama: Wall Street overhaul will pass
Obama signs sweeping Wall Street overhaul into law Obama urges Senate to pass Wall Street bill

Obama, facing voter unrest over Wall Street bailouts that have failed to spark a strong Main Street job recovery, pledged taxpayers would never again have to pump billions of dollars into failing firms to protect the economy.

"Because of this law, the American people will never again be asked to foot the bill for Wall Street's mistakes," Obama said at a signing ceremony attended by some Wall Street bankers, business leaders and lawmakers.

"There will be no more taxpayer-funded bailouts. Period."

With Republicans poised to make gains in the November congressional elections, Obama's Democrats are eager to show voters that they have taken steps to tame an industry that dragged the economy into its deepest recession in 70 years.

Obama and Democrats have yet to gain political traction from the legislative victory, with Americans still anxious about a 9.5 percent jobless rate and ballooning deficits.

The financial regulatory reforms were a major achievement for Obama and his ambitious domestic agenda. Earlier this year he signed into law sweeping reforms of the United States' $2.5 trillion healthcare system.

The financial reforms won Democrats few friends on Wall Street. Wealthy donors have started to steer more campaign contributions to Republicans, who voted overwhelmingly against the reforms.

"Unscrupulous Lenders"

Obama had harsh words for "unscrupulous" lenders and others he said had taken risks that endangered the economy. He said the new law was aimed at curbing abuses and excesses on Wall Street and stopping taxpayer bailouts of failing companies.

The law would provide certainty "to everybody from bankers to farmers to business owners. And unless your business model depends on cutting corners or bilking your customers, you have nothing to fear from this reform," Obama said.

The US Chamber of Commerce, an influential business group that often criticizes Obama's economic policies, said it would have the opposite effect.

"Such a broad, sweeping bill epitomizes a law with unintended consequences that creates more uncertainty for American businesses," said Thomas J. Donohue, president and CEO of the Chamber.

The American Bankers Association expressed disappointment with the legislation, saying it "contains a tsunami of new rules and restrictions for traditional banks that had nothing to do with causing the financial crisis in the first place."

Much of its impact will depend on how it is put into practice. Bart Chilton, a commissioner with the US Commodity Futures Trading Commission, said the law boosts transparency and gives regulators better tools to regulate markets, but many questions remained to be answered.

"This is a wide-ranging bill with many facets, hundreds where regulators still need to put some more meat on the bones. How we do that, and when we do that, are questions that will really tell if this legislation meets the expectations of its supporters," he said.

"Fake Controversy"

Ruth Porat, chief financial officer of financial giant Morgan Stanley, which on Wednesday reported higher-than-expected second quarter profits, said the company was pleased to see the bill signed as it put "some clarity around the issues."

The legislation targets potentially lucrative trading in risky over-the-counter derivatives and aims to force banks to end trading for their own profits.

It creates a Bureau of Consumer Financial Protection to regulate products ranging from credit cards to mortgages. The administration considered this one of the most critical parts of the bill but banks fought it bitterly.

Obama received repeated ovations during his speech and one round of applause was reserved for his praise of three Republican lawmakers who broke ranks with their party to vote for the legislation.

The White House said Citigroup Inc's CEO Vikram Pandit; Bob Diamond, president of Barclays Plc; and Gerald Hassell, president of Bank of New York Mellon, attended the bill-signing.

JPMorgan Chase & Co Chief Executive Jamie Dimon was one of the few major bank heads not invited, a spokeswoman for the second-largest US bank said.

Dimon once enjoyed a close relationship with Obama, but he later emerged as a vocal critic of the efforts to reform the US banking industry.

The White House dismissed as a "fake controversy" media reports on the failure to invite business leaders like Dimon.

"The CEOs who opposed reform never expected to be invited to the bill signing and not a single one has complained to the Administration," White House spokesman Jen Psaki said.

久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    亚洲综合久久久| 日韩和欧美的一区| 一本高清dvd不卡在线观看| 亚洲精品精品亚洲| 欧美日韩另类一区| 麻豆91免费观看| 国产欧美综合在线| 99精品黄色片免费大全| 亚洲综合色自拍一区| 欧美一区二区私人影院日本| 国产在线麻豆精品观看| 国产精品国产三级国产aⅴ原创| 91丨九色丨蝌蚪富婆spa| 亚洲国产精品视频| 日韩精品一区二区三区视频在线观看| 国产suv一区二区三区88区| 亚洲欧洲精品天堂一级| 91.麻豆视频| 国内成人自拍视频| 综合自拍亚洲综合图不卡区| 欧美日韩久久不卡| 国产永久精品大片wwwapp| 中文字幕五月欧美| 91精品婷婷国产综合久久竹菊| 国产精品原创巨作av| 国产精品毛片无遮挡高清| 欧美日韩国产另类一区| 国产麻豆精品久久一二三| 一区二区三区91| 精品久久久久久久一区二区蜜臀| www.av亚洲| 日本欧美一区二区三区| 国产精品嫩草影院com| 欧美另类一区二区三区| 国产成人av影院| 亚洲1区2区3区视频| 国产午夜亚洲精品羞羞网站| 欧美伊人久久大香线蕉综合69 | 在线综合+亚洲+欧美中文字幕| 国产在线精品免费| 亚洲综合丝袜美腿| 国产亚洲婷婷免费| 欧美日韩成人一区二区| 成人午夜激情影院| 青青青伊人色综合久久| 亚洲日本乱码在线观看| 欧美不卡一区二区三区四区| 91老师片黄在线观看| 精油按摩中文字幕久久| 一区二区三区美女视频| 久久久国产精品午夜一区ai换脸 | 91美女视频网站| 美女一区二区久久| 亚洲精品国产品国语在线app| 精品少妇一区二区| 欧美三级一区二区| www.欧美日韩| 国产精品一色哟哟哟| 亚洲va国产天堂va久久en| 国产精品成人免费在线| 久久亚洲私人国产精品va媚药| 欧美色爱综合网| 菠萝蜜视频在线观看一区| 久久国产综合精品| 亚洲二区在线视频| 亚洲人成网站精品片在线观看| 久久久精品国产免费观看同学| 欧美精品久久99久久在免费线 | 欧美一区二区免费| 色八戒一区二区三区| 成人黄色大片在线观看| 国内精品不卡在线| 美女视频黄 久久| 午夜视频一区二区| 一区二区三区资源| 国产女主播视频一区二区| 欧美不卡在线视频| 日韩一级大片在线观看| 中文字幕欧美国产| 欧美一区二区三区免费大片 | 26uuu亚洲婷婷狠狠天堂| 欧美电影一区二区三区| 欧美日韩在线综合| 99精品黄色片免费大全| 成人午夜激情影院| 国产91丝袜在线观看| 国产一区二区免费在线| 久久狠狠亚洲综合| 免费成人你懂的| 蜜臀av国产精品久久久久| 日韩精品一二三| 天天综合色天天综合色h| 亚洲一区av在线| 亚洲国产精品一区二区尤物区| 亚洲精品久久久久久国产精华液| 亚洲色图都市小说| 亚洲另类在线视频| 亚洲免费在线视频一区 二区| 亚洲欧洲三级电影| 亚洲日本va午夜在线影院| 国产精品嫩草久久久久| 中文字幕高清一区| 国产精品久久影院| 国产精品理论片| 国产精品第一页第二页第三页| 国产精品国产三级国产aⅴ入口| 日本一区二区视频在线| 国产精品美女久久久久久2018| 国产精品卡一卡二卡三| 亚洲视频一区二区免费在线观看| 亚洲视频免费在线观看| 一区二区不卡在线播放 | 91视频在线观看免费| av亚洲精华国产精华精华| 99久久婷婷国产| 色视频欧美一区二区三区| 91豆麻精品91久久久久久| 日本高清无吗v一区| 欧美视频中文一区二区三区在线观看| 精品1区2区3区| 91精品在线一区二区| 精品久久久久一区| 国产无一区二区| 日韩一区在线看| 怡红院av一区二区三区| 亚洲不卡在线观看| 久久99精品久久久久久久久久久久| 国产一区二区三区四区在线观看| 高清beeg欧美| 色综合天天综合给合国产| 在线精品视频一区二区| 欧美日韩亚洲丝袜制服| 欧美videossexotv100| 国产欧美视频一区二区| 亚洲欧美色图小说| 亚洲成av人片观看| 国产在线精品视频| 91女人视频在线观看| 欧美久久婷婷综合色| 久久先锋影音av鲁色资源| 中文字幕一区二区三区在线播放| 亚洲国产另类精品专区| 久久69国产一区二区蜜臀| 国产成人欧美日韩在线电影| 色爱区综合激月婷婷| 日韩欧美高清dvd碟片| 国产女人18毛片水真多成人如厕| 亚洲精品免费在线播放| 免费在线欧美视频| 大美女一区二区三区| 欧美在线看片a免费观看| 日韩免费福利电影在线观看| 久久精品久久精品| 国产成人免费视频| 欧美在线观看视频一区二区三区| 精品久久久久久亚洲综合网 | 亚洲欧洲日韩综合一区二区| 亚洲第一狼人社区| 激情综合色播激情啊| 91在线视频免费91| 91精品国产欧美一区二区| 中文av一区二区| 亚洲成人av在线电影| 国产成人自拍在线| 欧美群妇大交群中文字幕| 欧美激情一区在线| 日韩成人一级片| 不卡一区二区三区四区| 欧美一区二区三区爱爱| 亚洲日本一区二区三区| 久久er99热精品一区二区| 91免费国产在线观看| 日韩一卡二卡三卡| 亚洲男帅同性gay1069| 精品无码三级在线观看视频| 色哟哟欧美精品| 久久综合久久久久88| 亚洲第一二三四区| 成人激情动漫在线观看| 欧美一级二级在线观看| 一区二区欧美国产| 国产成人一级电影| 欧美一级一区二区| 亚洲精品免费看| 国产经典欧美精品| 日韩色视频在线观看| 一区二区三区四区蜜桃| 成人免费毛片片v| 欧美电视剧免费观看| 亚洲成在人线在线播放| 99久久99久久精品免费观看 | 亚洲主播在线播放| 成人性生交大片免费看中文网站| 欧美一区二区三区精品| 亚洲欧美日韩国产一区二区三区| 国产乱人伦偷精品视频免下载| 欧美一区二区视频在线观看2020 | 懂色av一区二区三区免费观看 | 久久午夜免费电影| 日韩电影免费在线|