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For freshman Sen. Marco Rubio, a rising GOP figure seen as a possible Mitt Romney running mate, there are questions about whether potential vulnerabilities in his personal and political background might hold him back.
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Political vulnerabilities in Sen. Rubio’s past
President Barack Obama says the big trading loss at JPMorgan Chase shows the need for Congress to finally put in place banking rules he signed into law two years ago. He also is calling on lawmakers to stop trying to weaken the regulations.
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Obama to Congress: Put in place banking rules now
The metaphor is an easy one, overused and perhaps even a bit overwrought. We are forging forward into a digital frontier, leaving convention behind, traveling without guides into an uncharted virtual land where progress and profits are forever around the next bend.
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America expands once again _ digitally, this time
WASHINGTON (Reuters) – President Barack Obama on Saturday called on the U.S. Congress to back his efforts for tough new financial industry oversight, saying a $2 billion trading loss at JPMorgan underscored the need for such regulation. “We’ve got to finish the job of implementing this reform and putting these rules in place,” Obama said in a weekly radio address that accused some on Wall Street of causing the 2007-2009 economic crisis because they “treated our financial system like a casino. …
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Obama pledges tough enforcement of Wall Street reforms
A suicide bomber blew himself up at a police checkpoint Saturday in a volatile area of eastern Afghanistan, killing eight people, police said.