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Obama pledges tough enforcement of Wall Street reforms

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

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Europe’s bad mood: Does Obama need to worry?

The elections that drove Nicolas Sarkozy out of power in France and left Greece scrambling to build a coalition government pose a financial threat to the United States that could undermine President Barack Obama’s efforts to cast himself as the agent of a U.S. economic revival.

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Europe’s bad mood: Does Obama need to worry?

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Obama: New jobs report a sign economy on rebound

President Barack Obama on Friday praised another month of added jobs as a sign the economy is building strength in this election year. But with millions still looking for work, Obama warned of the challenges ahead and urged Congress to rally behind his agenda to boost American manufacturing.

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Obama: New jobs report a sign economy on rebound

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Obama, Netanyahu set to confront divisions over Iran (Reuters)

Reuters – Just days before what could be the most consequential meeting of U.S. and Israeli leaders in years, aides to President Barack Obama and Prime Minister Benjamin Netanyahu are scrambling to bridge stark differences over what Washington fears could be an Israeli attack on Iran’s nuclear sites.

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Obama, Netanyahu set to confront divisions over Iran
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Obama: GOP pitching ideas that have not worked (AP)

AP – President Barack Obama is accusing his Republican presidential rivals of pitching old ideas, saying “what these other guys are peddling has not worked.”

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Obama: GOP pitching ideas that have not worked
(AP)

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Obama election-year budget aims to spur hiring (Reuters)

Reuters – President Barack Obama called on Monday for new spending to boost growth and higher taxes on the rich, laying out an election-year vision for America in a budget that drew heavy fire from Republicans for failing to curb huge deficits.

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Obama election-year budget aims to spur hiring
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Justice Dept says recent recess appointments legal (AP)

AP – The Justice Department is publicly rebutting Republican criticism of the legality of President Barack Obama’s recent recess appointments of a national consumer watchdog and other officials.

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Justice Dept says recent recess appointments legal
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Santorum, Romney lead tight Iowa race (Reuters)

Reuters – Republican presidential contenders Rick Santorum and Mitt Romney were neck and neck in Iowa on Tuesday in the party’s first contest to determine a challenger to Democratic President Barack Obama.

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Santorum, Romney lead tight Iowa race
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Obama sees economic power of Asia-Pacific region (AP)

AP – Placing high hopes on the economic power of Pacific Rim nations, President Barack Obama on Saturday declared the Asia-Pacific region the heart of explosive growth for years to come. For businesses, he said, “this is where the action’s going to be.”

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Obama sees economic power of Asia-Pacific region
(AP)

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Obama faces tight restraints in crafting jobs plan (AP)

AP – Hamstrung by budget cuts and a tight debt ceiling, President Barack Obama is preparing a September jobs package with limited tools at his disposal to prime the economy and crank up employment.

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Obama faces tight restraints in crafting jobs plan
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