Barack Obama and Elizabeth Warren

Summary

Barack Obama and Elizabeth Warren What We're Fighting For

I’m here with Senator Elizabeth Warren, one of our strongest advocates for families and consumers like you. Today, we want to talk about some of the actions we’ve taken to protect everything you’ve worked so hard to build.
Eight years ago, after some big banks made irresponsible and risky bets with your money, we almost slipped into another Great Depression. While the recklessness started on Wall Street, it didn’t take long before it led to real pain for folks on Main Street. It would cost millions of our fellow Americans their jobs, homes, and savings.
Source: Wikisource

Barack Obama and Elizabeth Warren What We're Fighting For

Republicans and big banks who opposed these commonsense rules claimed they’d hurt the economy. But we’ve seen what happened to the economy when we didn’t have these rules. And despite their claims, our economy is stronger today than it was before the crisis. Since we dug out from the worst of it, our businesses have added almost 15 million new jobs. Corporate profits are up, lending to businesses is up, and the stock market has hit an all-time high.
Source: Wikisource

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